New York/London/Hong Kong/Singapore/Sydney, April 1, 2026 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced the successful launch of Rapid Issuance, an innovative service that allows issuers to bring structured notes to the market in a more timely and efficient manner. The service is offered by The Depository Trust Company (DTC), a subsidiary of DTCC.
Rapid Issuance, available within DTC’s cutting-edge Underwriting Central platform, automates the end-to-end issuance creation process, advancing operational efficiency and propelling data quality.
The service has been designed to support the bulk eligibility of equity-linked structured notes, shortening processing time, reducing operational complexity and enabling higher volumes as the asset class continues to grow. With the new process, issuers can complete closings within an hour of security submission, expediting time to market. By combining operational efficiency with an expanded data model, the platform ensures the data accuracy of Corporate Actions announcements, accelerating payment distributions and tax reporting for dividends and principal and interest events.
“We’re excited to see several of our clients are taking advantage of the efficiency and increased automation available within Rapid Issuance,” said Patrick Barthel, Executive Director, DTCC Asset Services. “We look forward to working with additional firms and in providing them with faster, streamlined access to capital markets while significantly reducing operational risk.”
“As issuance models continue to grow in scale and complexity, market infrastructure must evolve alongside them,” said Karen Montbach, Executive Platform Owner – Conventional Trust, BNY. “DTCC’s Rapid Issuance service delivers operational efficiencies by streamlining eligibility processes and enhancing data quality. BNY is pleased to provide clients launching Debt Programs with full Paying Agent support through this service, helping them access debt capital markets with greater speed and efficiency.”
“Rapid Issuance represents an important step forward in modernizing how structured notes are brought to market,” said Brian Miller, Director, Global Banking New Issues, UBS. “The ability to establish securities’ DTC eligibility in advance of issuance and execute bulk issuances on settlement day provides greater flexibility, efficiency, and operational certainty. Continued innovation through DTCC’s Underwriting Central supports the evolving needs of issuers and dealers operating in increasingly dynamic markets.”
“With the launch of Rapid Issuance, DTCC is reaffirming its ongoing commitment to delivering innovative, resilient, and client-centric solutions,” Barthel continued. “By digitizing and automating core processes, we are delivering greater speed, transparency, and efficiency to our clients and the broader market.”
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About DTCC
With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.