Depository trust & clearing corporation (dtcc)
DTCC highlights cyber danger with white papers and joint venture
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
More Depository trust & clearing corporation (dtcc) articles
But FSB aims to overcome data aggregation issues
Bill gives US Senate the chance to kill off Dodd-Frank indemnification clause
Smalls firms baulk at paying up to $18,000 to register a few trades
Incomplete reports would be sent back to market participants
Missing and conflicting trade identifiers plague Europe's reporting regime
Regulators struggling to use fractured reports, says OFR's Mosser
Proportion of reports that can be paired up is “very, very low” says DTCC exec
Challenges remain around secrecy provisions
Despite problems, Esma official says reporting roll-out went "pretty well"
DTCC is able to find the other half of a trade for around 40% of reports
Repository has apologised to clients caught in Emir reporting backlog
Surge in customer numbers caught the repository out, CEO admits
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.