A new report from the DTCC calls for a new global reporting framework to complete the Great Recession mandate of the Group of 20 (G20) to establish repositories of over-the-counter (OTC) derivatives trades, intended to help regulators sift out potential risks. The DTCC is also pointing to the possibilities of distributed ledger technology (DLT) and… Read More >>
Can a Blockchain Manage Credit Derivatives?
(Post-trade infrastructure systems provider DTCC recently announced that it will be replacing the legacy technology of its Trade Information Warehouse (TIW) with blockchain/distributed ledger technology (DLT). This will be done via the technology and support from IBM, Axoni and R3. The TIW service automates the record-keeping, lifecycle events, and payment management for more than $11… Read More >>
DTCC Shuffles Execs as Fundtech Hires from Calypso
DTCC and Deri/SERV Promote for Executive Posts The DTCC will have a new chief financial officer and chief technology officer in September and new leaders for its over-the-counter (OTC) derivatives services unit Deriv/SERV as a result of several internal promotions at the industry utility. Susan Tysk-Cosgrove, the current general manager, settlement and asset services has… Read More >>
