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DTCC: Outlines Steps to Achieve Complete Dematerialization of Physical Securities

September 29, 2020

DTCC is the premier post-trade market infrastructure for the global financial services industry
Dematerialization, the transition from physical certificates to electronic records, would reduce the risks
The complete dematerialization of physical securities, fully transitioning away from paper to electronic records, will contribute to a more cost-effective
The success of this effort will also require support from our clients and stakeholders, including industry organizations and our regulators
It will also require a full-scale and committed adoption of new business practices and technology platform
DTCC believes that the industry can achieve full dematerialization of 98%+ of all U.S. physical certificates in the next three years