DTCCRSS

DTCC sells Clarient Global and Avox to Thomson Reuters

Thomson Reuters acquires Clarient Global and Avox from DTCC

The Depository Trust and Clearing Corporation (DTCC) has agreed to sell its Clarient Global and Avox businesses to Thomson Reuters.

Top fintech stories this week – 13 January 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

DTCC selects IBM, Axoni and R3 to develop blockchain for derivatives

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The Depository Trust & Clearing Corporation (DTCC) has chosen IBM, in partnership with Axoni and R3, to provide a blockchain/distributed ledger technology (DLT) framework to drive improvements in derivatives post-trade lifecycle events. The firms will work on DTCC’s Trade Information Warehouse (TIW), building a derivatives distributed ledger solution for post-trade processing. The TIW service currently […]

Banking Technology and ISITC Europe team up for AGM

ISITC Europe will celebrate its silver jubilee in January 2017

ISITC Europe, a voluntary, non-profit organisation promoting operational efficiency, harmonisation and education in the capital markets space, will turn 25 years old on 26th January 2017.

Security: survival of the fittest

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The threat of cybercrime shows no sign of diminishing any time soon, but to what extent can market infrastructures and financial institutions protect themselves against hacking attacks?

DTCC’s Avox adopts Amazon Web Services cloud

Donna Milrod, managing director and head of DTCC Solutions

Avox Data Services, a provider of legal entity reference data and a subsidiary of the Depository Trust & Clearing Corporation (DTCC), has migrated its data servers to Amazon Web Services (AWS). The move is part of a company-wide initiative to implement new technologies to “increase scalability, further enhance the security of the data and reduce […]

DTCC teams with Korea Exchange for trade repository solution

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The Depository Trust & Clearing Corporation (DTCC) and the Korea Exchange (KRX), the securities exchange operator in South Korea, have signed a memorandum of understanding (MoU) to co-operate with each other on a trade repository solution in South Korea. Under this deal, both organisations will explore linking DTCC’s global trade repository (GTR) solution directly to […]

DTCC and Digital Asset to develop blockchain solution for repo clearing

Mike Bodson, president and CEO of DTCC

The Depository Trust & Clearing Corporation (DTCC) and Digital Asset Holdings have teamed up to develop and test a distributed ledger (blockchain) solution for repurchase agreement (repo) clearing. Blockchain will be used to manage the clearing and settlement of US treasury, agency, and agency mortgage-backed repo transactions. Mike Bodson, president and CEO of DTCC, says: […]

US to move to shorter T+2 settlement cycle by September 2017

T+2 settlement coming to the US on 5th September 2017

Make a note, 5th September 2017 has been unveiled as the industry target for the US to move from a T+3 to a T+2 settlement cycle. The decision on this has been reached by the US T+2 Industry Steering Committee (T+2 ISC), organised by The Depository Trust and Clearing Corporation (DTCC) and co-chaired by the […]

Caught in the crossfire

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Cyber attacks cost little to perpetrate, but plenty to prevent. A focus on external and internal factors will help financial institutions to mitigate the threat.

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