DTCC unveils Loan/Serv

The Depository Trust & Clearing Corporation (DTCC) has announced its plans for Loan/Serv, a new suite of services to assist in the processing of syndicated commercial loans. Syndicated loans involve multiple lenders for each borrower, with an agent bank acting as the liaison, transmitting information back and forth between parties. According to the DTCC, the loan process is essentially manual with the majority of information transmitted by fax resulting in a large number of manual errors.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: