DTCC Connection

Jul 02, 2012 • DTCC Connection

Settlement Web: More to Come

The development of Settlement Web will continue in the coming months and years until it supports all of the settlement functions currently offered on PTS and PBS. The enhancements are scheduled to be made according to the following schedule:

  • Q4 2012: Transaction input will be enabled in Settlement Web.
  • Q2 2013: Pledge functionality will be migrated to Settlement Web.
  • Q3 2013: Settlement statements, including participant and settling bank statements, will be accessible through Settlement Web.
  • Q4 2014: The remaining settlement functions will be made available.
  • As functions come to be supported by Settlement Web, they will gradually be retired from PTS and PBS according to a schedule now being developed.