DTCC

The Depository Trust & Clearing Corporation (DTCC) delivers vital financial market infrastructure, providing comprehensive post-trade services for various securities. It centralizes and automates clearing, settlement, and information management. DTCC’s platforms enhance operational efficiency and significantly reduce systemic risk, forming an indispensable backbone for global capital markets.

DTCC formed in 1999 as a holding company, unifying The Depository Trust Company (DTC) and the National Securities Clearing Corporation (NSCC). DTC originated in 1973 to address Wall Street's "paperwork crisis"; NSCC established in 1976 for clearance and settlement. This merger addressed the industry's need for a consolidated, resilient processing infrastructure.

DTCC’s services are utilized by diverse financial institutions globally, including broker-dealers, investment banks, and asset managers. Its vision: create solutions fostering market growth and ensuring robust security and integrity for the global financial system. DTCC remains focused on reducing risk and promoting stability across financial markets.