Sumitomo Mitsui Trust Asset Management

New York/London/Hong Kong/Singapore/Sydney, April 17, 2024 ‒ DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that Sumitomo Mitsui Trust Asset Management is leveraging DTCC’s Institutional Trade Processing (ITP) suite of services to accelerate trade processing as the industry sets its sights on the U.S. move to a T+1 settlement cycle on May 28, 2024. Sumitomo Mitsui Trust Asset Management has adopted DTCC ITP’s CTM,

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DTCC Collaborates with REGnosys to Support ISDA Digital Regulatory Reporting

New York/London/Hong Kong/Singapore/Sydney, April 10, 2024 ‒ DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that it is working with REGnosys to support industry adoption of the ISDA Digital Regulatory Reporting (DRR) solution and aid compliance with forthcoming global derivatives trade reporting rewrites. The ISDA DRR establishes a golden-source interpretation of market practices and trade reporting logic, developed through industry consensus. Through this collaboration,

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DTCC Comments on Senate Confirmation of Michael Barr at the Federal Reserve

Jul 19, 2022 • Press Releases DTCC Comments on Senate Confirmation of Michael Barr at the Federal Reserve The Depository Trust & Clearing Corporation (DTCC) issued the following statement in response to the recent confirmation of Michael Barr at the Federal Reserve: “DTCC congratulates Michael Barr on his recent appointment as Vice Chair of Supervision and as a Governor at the Federal Reserve. We look forward

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DTCC Partners with Kingfield to Transform Corporate Actions Claims Process

New York/London/Hong Kong/Singapore/Sydney, July 27, 2022 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its subsidiary, The Depository Trust Company (DTC), has connected its automated ClaimConnect solution to the claims processing platform offered by leading financial software provider Kingfield Corporation. The partnership will allow mutual clients, including State Street, to bilaterally manage claims and other types of

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T+1 Implementation Playbook as the Industry Readies for Accelerated Settlement

Washington, DC/New York/London/Hong Kong/Singapore/Sydney/Brussels, August 1, 2022 — The Securities Industry and Financial Markets Association (SIFMA), the Investment Company Institute (ICI), and The Depository Trust & Clearing Corporation (DTCC) today published The T+1 Securities Settlement Industry Implementation Playbook. The Playbook outlines a detailed approach to identifying the implementation activities, timelines, dependencies, and risk impacts that market participants should consider to prepare for the transition from the current trade date plus

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DTCC Launches 1042-S Classification Announcement

The service, known as the 1042-S Classification Announcement, is anticipated to reduce tax withholding by hundreds of millions of dollars New York/London/Hong Kong/Singapore/Sydney, August 10, 2022 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced the launch of a new DTCC service, the 1042-S Classification Announcement (“1042-S Announcement”), following recent U.S. Securities and Exchange Commission (SEC) approval. The new

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DTCC’s Project Ion | DTCC

Project Ion represents one of the largest DLT initiatives in equities settlement across the financial services industry DTCC has selected R3’s Corda as the underlying DLT technology for the Project Ion platform New York/London/Hong Kong/Singapore/Sydney, August 22, 2022 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its Project Ion platform, which is being developed as an

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Iyo Bank to Adopt DTCC ITP Services

The bank is leveraging DTCC’s solutions to achieve no touch post-trade processing across equities and fixed income asset classes New York/London/Hong Kong/Singapore/Sydney, August 24, 2022 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that The Iyo Bank, Ltd. (“Iyo Bank”), has become Japan’s first regional bank to adopt their Institutional Trade Processing (ITP) services, leveraging the offerings

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NYU Partners with DTCC for Comprehensive Cybersecurity Program

  New York, September 7, 2022 – The NYU Tandon School of Engineering, a global leader in engineering research and education, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced a new partnership to advance the capabilities of the NYU Center for Cybersecurity (CCS). The collaboration will leverage DTCC’s nearly five decades of technology, resiliency and cybersecurity expertise to

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DTCC Outlines Post-Quantum Security Risks & Considerations

New York/London/Hong Kong/Singapore/Sydney, September 21, 2022 ‒ As quantum computing creates vast new possibilities to analyze and solve complex problems that are unsolvable by today’s computers, it also has the potential to disrupt entire industries and create significant new risks for financial firms by making even the most highly protected computer systems vulnerable to hacking. The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global

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