Announcements & Reports
DTC Agent Report Cards. DTCC publishes Agent Report Cards to provide greater transparency into agent performance and key aspects of Asset Servicing announcement quality and timeliness. The report cards provide a comparative view of agent performance across defined measures, including the timeliness of CMO/ABS rate announcements and the frequency of post-payable rate amendments.
Announcements and Reports
Understanding the Report Card
The DTC Agent Report Card currently focuses on two key areas:
Rate Timeliness
The report card measures the timeliness of rates received for CMO/ABS events, distinguishing between conforming late rates and non-conforming late rates. A conforming late rate is one not provided by 8:00 a.m. on payable date, while a non-conforming late rate is one not provided by 12:00pm the following day.