DTCC Acquisition of Avox to Result in Platform of Combined Ref Data Sets
The Depository Trust & Clearing Corporation (DTCC) has acquired counterparty data provider Avox from Deutsche Börse, in a move set to result in a platform of counterparty data, securities data and corporate actions data, officials tell Inside Reference Data.
Avox will still continue cleansing and maintaining counterparty data for clients, and the business will operate as a DTCC subsidiary run under the DTCC asset services product line.
Yet, the acquisition will also result in integration between
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