DTCC Wealth Management Services At a high level, it’s easy to understand the value of using DTCC’s wealth management services. DTCC can help broker-dealers streamline manual processes and reduce overhead; this is particularly true for large financial institutions that spend millions of dollars on post-trade activities. But what about small to medium-sized organizations? When does […]
An Overview of DTCC The Depository Trust & Clearing Corporation (DTCC) plays a vital role in the financial services industry. DTCC provides clearing and settlement services for the world’s financial markets. In 2019 DTCC processed 654 million securities transactions valued at more than $2.15 quadrillion (a quadrillion is a thousand trillion). After reading that last […]
Like it or not, we are living in the age of audits and regulatory examinations. From internal teams that scrutinize our processes to regulatory bodies like FINRA and the SEC that scour over client data. The financial services industry has endured these necessary headaches for years, and until recently, they would only impact our businesses […]
Get Your Ducks in a Row: The Power of Data Aggregation and a Centralized Database Financial Activity Data Aggregation Our incentive compensation management solution supports a wide variety of standard sources of commission information including: National Financial, Pershing, Beta, First Clearing Corporation, NSCC, DTCC, and DST. The platform handles a diverse range of data feeds and aggregates them into […]