DTCC Begins Data-as-a-Service Rollout
The clearinghouse has unveiled the first phase of its data-as-a-service offering.
The initial DaaS offering enables firms to access their own trade and exposure data, as well as aggregate positions data, helping clients to mitigate risk and reduce costs.
"Our clients are becoming more data-centric in everything that they do and have asked DTCC to help them meet their data and regulatory challenges by enabling them to view and analyze their transaction data across multiple DTCC sources. Working closely with our participant firms, and using data sourced from DTCC's central
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