DTCC: Future of Settlement Revamp Depends on Industry Appetite
Client feedback and priorities will drive the next phase of the market structure firm's project to modernize settlement.
Despite the disruption caused by the coronavirus, the Depository Trust and Clearing Corporation (DTCC) hopes to engage with some of clients, market participants, and regulators to determine whether a new settlement service would be valuable to the financial industry, and whether to move forward with developing it.
The DTCC is currently engaging with its membership and the broader industry to determine the next steps to optimize the settlement process to support a T+1 or T+0 settlement cycle, an
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
LSEG buys Octus, Tradeweb buys Trumid, Standard Chartered acquires custodian Zodia, S&P expands AI use, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Waters Wavelength Ep. 360: Innovation, regulation, and exposure
This week, Tony and Shen talk about the balance between innovation and regulation.
Examining Google’s jump into financial research with enterprise Gemini
Google partners like Deutsche Bank and FactSet are using the offering to augment their own AI strategies.
SIX is preparing its data for clients that aren’t people
The Swiss exchange operator is betting that context and lineage will keep its market data relevant if AI agents become primary data consumers.
Barclays built a system to spot AI agents that might go rogue
Research setup ‘reads the mind’ of LLM-based agents and flags if they’re about to do something risky
AI assistants for human overseers? Or human checks and balances for AI actors?
The Waters Wrap: Speakers at a recent Bloomberg event emphasized the importance of keeping a human in the AI loop—but, Max asks, for how long?
CME marks cloud migration milestones, new FIX guidance for brokers, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
How Quoniam boosted its sentiment strategy by adding an LLM
The asset manager’s upgraded system creates scores from more-informative forward-looking parts of news.
