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