NYBF 2014 - DTCC and SWIFT
Upcoming SlideShare
Loading in...5
×
 

NYBF 2014 - DTCC and SWIFT

on

  • 477 views

 

Statistics

Views

Total Views
477
Views on SlideShare
477
Embed Views
0

Actions

Likes
0
Downloads
9
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

NYBF 2014 - DTCC and SWIFT NYBF 2014 - DTCC and SWIFT Presentation Transcript

  • 4 March 2014 New York Business Forum, NY v04 DTCC and SWIFT: Navigating the Challenges Ahead
  • DTCC & SWIFT: Navigating the Challenges Ahead
  • 3 Clearing Services Settlement and Asset Services Investment Product Services Data and Repository Services 3 DTCC Services • Industry-owned utility • Backbone of the US industry • Robust • Massively scalable View slide
  • 4 40 Years Old $42.9 Trillion Value Held $1.1 Trillion Settled per Day $1.6 Quadrillion Settled in 2013 DTCC in Numbers View slide
  • 5 DTCC Global Footprint AMSTERDAM, NETHERLANDS BOSTON, MASSACHUSETTS BRUSSELS, BELGIUM CHENNAI, INDIA DALLAS, TEXAS FRANKFURT, GERMANY HONG KONG, CHINA JERSEY CITY, NEW JERSEY LONDON, ENGLAND MANILA, PHILIPPINES NEW YORK CITY, NEW YORK SAN FRANCISCO, CALIFORNIA SHANGHAI, CHINA SINGAPORE SEOUL, KOREA STOCKHOLM, SWEDEN SYDNEY, AUSTRALIA PARIS, FRANCE PUDONG, SHANGHAI TAMPA, FLORIDA TOKYO, JAPAN TORONTO, ONTARIO WASHINGTON, D.C. WREXHAM, WALES
  • 6 DTCC – SWIFT Collaboration Collaboration • Industry- owned utility • Cornerstone of the US industry • Robust • Massively scalable • Industry- owned utility • Backbone of the industry • Robust • Scalable with global reach Together, we aim to: • Reduce industry overall costs • Increase operational efficiency and STP • Reduce industry risks
  • 7 DTCC Services using SWIFT
  • 8 Existing DTCC Services using SWIFT Asset Services • Provides Corporate Action events against DTC eligible securities in ISO 20022 format • Uses SWIFT to send the ISO 20022 MX messages to the client over InterAct
  • 9 Existing DTCC Services using SWIFT Legal Entity Identifier (LEI) • Driven by regulatory demands for the unique identification of legal entities to help enable improved systemic risk analysis • Global LEI System overseen by 55+ Regulator Member ROC • DTCC/SWIFT are the largest Pre-LOU provider with over 120,000 entities
  • 10 Existing DTCC Services using SWIFT EPIM • European Pre- Issuance Messaging automates the issuance of European Money Market Instruments, e.g. CP & MTNs • Uses SWIFT to connect to Clearstream and Euroclear over InterAct
  • 11 Existing DTCC Services using SWIFT TIW CLS • Trade Information Warehouse centralized global repository for trade reporting of OTC CDS derivatives • Uses SWIFT to send payment messages to / from the CLS FX settlement agent
  • 12 Existing DTCC Services using SWIFT Omgeo • Provides post-trade services allowing Broker Dealers to receive SWIFT post- trade MT messages
  • 13 Existing DTCC Services using SWIFT EuroCCP • Provides clearing services to European counterparties • Uses SWIFT to communicate with members and settlement agents
  • 14 Existing DTCC Services using SWIFT
  • 15 Strategic Initiative Discussions with SWIFT • Global Trade Repository for Derivatives • Collateral Initiatives - - Margin Transit • SSI Utility - - Industry Expansion of Alert Database • Expansion of Client Reference Data Services - - KYC Compliance/Client Onboarding
  • DTCC & SWIFT: Navigating the Challenges Ahead