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Mutualized Ops Automation Cuts Costs by 20%: DTCC

November 24, 2020 by Eugene Grygo

Mutualized Ops Automation Cuts Costs by 20%: DTCC

Post-trade systems and services provider DTCC is making its case for the cost-cutting value of mutualized, automated securities operations after surveying nine global broker-dealers that use its key offerings. The DTCC defines mutualization as “sharing the cost of utilitarian functions” that involves the adoption of “a no-touch processing workflow,” officials say. “Ultimately, the scale and… Read More >>

Filed Under: Securities Operations, Buy-Side, Case Studies, Clearing, Corporate Actions, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Settlement, Governance, Back-Office, Integration, Standards, KYC, Industry News, People Moves Tagged With: automation, back office, clearing, corporate actions, data management, DTCC, mutualization, regulatory reporting, Securities Operations, settlement

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