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Technology news

DTCC’s launches new advisory service


07 October 2020 New York
Reporter: Maddie Saghir

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Image: alexyz3d/Adobe Stock
DTCC has launched a new advisory platform that will offer consulting services to help firms transform their post-trade business operations.

DTCC Consulting Services will allow clients to leverage an integrated set of services that add value throughout the post-trade processing lifecycle.

The firm’s consulting framework covers initial diagnostics through to the design, implementation and project management stages.

Quorsus, providers of specialist consulting services to financial institutions, has supported the launch of DTCC’s new service.

Quorsus’s co-founder Ryan Baccus commented: “We are delighted to have been selected by DTCC to help with this launch. Industry infrastructure and operating models are dynamically changing, and firms are looking for solutions that help them navigate the evolving landscape and deliver additional benefits and value.”

Chris Childs, managing director, head of repository and derivatives services at DTCC, said: “Our unique position and vantage point enable us to provide our clients with guidance and recommendations to decrease risk and lower the cost of meeting regulatory and industry-driven requirements at a price-point that reflects genuine value.”
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