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...
4
40
Years Old
$42.9
Trillion
Value Held
$1.1 Trillion
Settled
per Day
$1.6
Quadrillion
Settled
in 2013
DTCC in Numbers
5
DTCC Global Footprint
AMSTERDAM, NETHERLANDS
BOSTON, MASSACHUSETTS
BRUSSELS, BELGIUM
CHENNAI, INDIA
DALLAS, TEXAS
FRANKF...
6
DTCC – SWIFT Collaboration
Collaboration
• Industry-
owned utility
• Cornerstone
of the US
industry
• Robust
• Massively...
7
DTCC Services using SWIFT
8
Existing DTCC Services using SWIFT
Asset Services
• Provides Corporate
Action events against
DTC eligible securities
in ...
9
Existing DTCC Services using SWIFT
Legal Entity Identifier
(LEI)
• Driven by regulatory
demands for the
unique identific...
10
Existing DTCC Services using SWIFT
EPIM
• European Pre-
Issuance Messaging
automates the
issuance of European
Money Mar...
11
Existing DTCC Services using SWIFT
TIW CLS
• Trade Information
Warehouse
centralized global
repository for trade
report...
12
Existing DTCC Services using SWIFT
Omgeo
• Provides post-trade
services allowing
Broker Dealers to
receive SWIFT post-
...
13
Existing DTCC Services using SWIFT
EuroCCP
• Provides clearing
services to European
counterparties
• Uses SWIFT to
comm...
14
Existing DTCC Services using SWIFT
15
Strategic Initiative Discussions with SWIFT
• Global Trade
Repository for
Derivatives
• Collateral Initiatives - -
Marg...
DTCC & SWIFT: Navigating the Challenges Ahead
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NYBF 2014 - DTCC and SWIFT

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NYBF 2014 - DTCC and SWIFT

  1. 1. 4 March 2014 New York Business Forum, NY v04 DTCC and SWIFT: Navigating the Challenges Ahead
  2. 2. DTCC & SWIFT: Navigating the Challenges Ahead
  3. 3. 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
  4. 4. 4 40 Years Old $42.9 Trillion Value Held $1.1 Trillion Settled per Day $1.6 Quadrillion Settled in 2013 DTCC in Numbers
  5. 5. 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. 6. 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. 7. 7 DTCC Services using SWIFT
  8. 8. 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. 9. 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. 10. 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. 11. 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. 12. 12 Existing DTCC Services using SWIFT Omgeo • Provides post-trade services allowing Broker Dealers to receive SWIFT post- trade MT messages
  13. 13. 13 Existing DTCC Services using SWIFT EuroCCP • Provides clearing services to European counterparties • Uses SWIFT to communicate with members and settlement agents
  14. 14. 14 Existing DTCC Services using SWIFT
  15. 15. 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
  16. 16. DTCC & SWIFT: Navigating the Challenges Ahead

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