13.2 C
London
Friday, March 29, 2024
HomeBankingDTCC: Euroclear GlobalCollateral Joint Venture

DTCC: Euroclear GlobalCollateral Joint Venture

Date:

DTCC: Euroclear GlobalCollateral Joint Venture

  • DTCC is the premier post-trade market infrastructure for the global financial services industry
  • Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management
  • DTCC’s subsidiaries processed securities transactions valued at more than U.S. $1.85 quadrillion
  • The market is in need of collateral management solutions that streamline and automate processes while enabling firms
  • DTCC and also Euroclear have jointly decided to separate the two products and dissolve the joint venture
  • DTCC and Euroclear maintain a strong working relationship, and the firms will continue to collaborate closely on the development of both MTU and CMU

Related stories

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img