DTCC Connection

Feb 01, 2011 • DTCC Connection

DTCC Applications and Available SWIFTNet Services

DTCC Application

Available SWIFTNet Services

Multi-Currency Settlement: Provides straight-through processing of offshore mutual fund transactions by settling transactions in euros and U.K. pounds sterling. (Offered by DTCC Solutions Worldwide Ltd.)

FIN: SWIFT’s core message transfer service, enabling more than 9,500 financial institutions in more than 209 countries to exchange financial data in a secure, cost-effective and reliable way. FIN’s value-added processing includes message validation to ensure messages are formatted according to SWIFT message standards; delivery monitoring and prioritization; message storage and retrieval. It uses the ISO 15022 standard and is based on a distributed processing architecture with full, built-in redundancy to ensure maximum availability.

European Pre-Issuance Messaging (EPIM): A central messaging hub that links the various parties involved in numbering and issuing European money market instruments. (Offered by DTC, Clearstream Banking and Euroclear)

InterAct: A message transfer protocol that takes advantage of the ISO 20022 standard and an XML format to facilitate message exchange in an automated and interactive manner.

Deriv/SERV: Provides automated repository and asset servicing for over-the counter (OTC) credit derivatives trades. It also provides related matching of payment flows and bilateral netting services. (Offered by DTCC Deriv/SERV LLC)

InterAct

Global Corporate Actions (GCA) Validation Service: A seamless corporate action announcement solution that delivers comprehensive, accurate and timely information for equities and fixed income instruments traded in Europe, Asia-Pacific and the Americas. (Offered by DTCC Solutions LLC)

FileAct: Allows secure and reliable transfer of files and is typically used to exchange batches of structured financial messages and large reports. It supports tailored solutions for market infrastructure communities, closed user groups and financial institutions.
Browse: A messaging service based on the https internet standard protocol. Designed to complement FileAct and InterAct, Browse offers customers the capability to browse remote web servers.
FIN, InterAct

Canadian-Link Services: Supports the processing and settlement of transactions in Canadian dollars at DTC; has processing capabilities for income, redemption and corporate actions payments. Additional services include dividends, redemptions and reorganizations. (Offered by DTC)

FIN

Loan/SERV Reconciliation Service: Allows for the reconciliation of more than 174,000 global lender positions daily between agents and lenders around the globe. (Offered by DTCC Loan/SERV LLC

FileAct

Euro CCP: The European subsidiary of DTCC that provides pan- European, low-cost clearing services.

FIN, FileAct, Browse

Omgeo Central Trade Manager (Omgeo CTM): A platform for the central matching of cross-border and non-U.S. equity and fixed income transactions. (Offered by Omgeo, a joint venture between DTCC and Thomson Reuters)

FIN

Omgeo TradeSuite: A service that automates messaging and settlement for equity and fixed income securities. It provides seamless connectivity from execution to settlement on domestic and cross-border trades of U.S. securities. (Offered by Omgeo)

FIN



dtccdotcom