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European clearinghouses merge to form new CCP
15 March 2013 Amsterdam
Reporter: Georgina Lavers

Pan-European cash equities clearinghouses EMCF and EuroCCP will combine to form a new central counterparty (CCP)...

DTCC battles literal storm as Sandy visits the US
29 October 2012 New York
Reporter: Georgina Lavers

The Depository Trust & Clearing Corporation today confirmed that it will maintain operations on 29 October despite the impact of hurricane Sandy on the eastern coast of the US...

Schroders selects Bravura’s Babel platform
10 October 2012 London
Reporter: Jenna Jones

Bravura Solutions has announced that Schroder Investment Management has implemented its Babel financial messaging platform...

Legal understanding leads to Omgeo update
10 September 2012 New York
Reporter: Georgina Lavers

Omgeo has updated its ALERT database, which deals with settlement and account instructions, with new legal entity data capture functionality...

Donna Milrod joins DTCC
24 August 2012 New York
Reporter: Georgina Lavers

Donna Milrod will join The Depository Trust & Clearing Corporation (DTCC) as chief administrative officer, effective mid-October. She will report to president and CEO Michael Bodson...

DTCC subsidiary Avox creates legal portal
10 August 2012 New York
Reporter: Georgina Lavers

Avox Limited, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC), has launched an enhanced legal entity data portal...

DTCC sees end of physical certificates
11 July 2012 New York
Reporter: Georgina Lavers

The Depository Trust & Clearing Corporation (DTCC) today outlined a proposal to fully dematerialize the US financial services industry, helping reduce the costs and risks associated with existing physical securities...

DTCC wraps up repositories
03 May 2012 London
Reporter: Georgina Lavers

The Depository Trust & Clearing Corporation (DTCC) began user testing of its new global trade repository service for foreign exchange on 1 May, and is planning full production by the fourth quarter...

NYSE Liffe US to launch new repo futures
12 April 2012 New York
Reporter: Georgina Lavers

NYSE Euronext will launch repo futures market trading on 16 July, if it passes regulatory approval...

Alexander Broderick is new CEO of New York Portfolio Clearing
02 April 2012 New York
Reporter: Georgina Lavers

New York Portfolio Clearing (NYPC) has appointed Alexander Broderick as CEO...

DTCC hires Davies as new VP for Europe
26 January 2012 London
Reporter: Anna Reitman

DTTC has named Mark Davies as vice president for data business development focused on the clearing house's involvement in the Legal Entity Identifier (LEI) programme in Europe...

BNY Mellon automates hedge fund admin
26 January 2012 London
Reporter: Anna Reitman

BNY Mellon has enhanced its loan administration functionality to offer hedge funds and fund of hedge fund clients an automated solution with increased transparency...