DTC Proposes Upgrade To Institutional Delivery

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The Depository Trust Co. has outlined plans for enhancing its Institutional Delivery (ID) system. The upgrade, presented in a design paper circulated last month, is the result of a focus committee study that began in February 1991.

The proposed enhancements appear intent on cutting costs to participants in the ID system. They don't, however, appear to be aimed at creating a real-time processing system that would compete with Thomson Financial Services Inc.'s Oasys system (IMT, Feb. 21, 1992).

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