Bringing you live news and features since 2006 

Ron Jordan

New service provides easier access to DTCC data

RELATED TOPICS​

The Depository Trust & Clearing Corporation (DTCC) has launched a new centralised data provisioning service, DTCC Data Products, which include the expansion of DTCC’s ETF and Corporate Actions ISO 20022 data product offerings.

DTCC Data Products was created in response to growing client demand for more centralised on-demand DTCC data provisioning. The service aims to provide data that helps firms meet increasing regulatory demands, reduce risks, increase operational efficiencies, gain access to better market insight, lower operational costs, and bring greater transparency to their business operations.  As envisioned, DTCC Data Products will directly source cross-asset-class data captured across DTCC’s clearing, settlement, asset services and trade reporting engines, centralise it, and enable dynamic data provisioning, allowing users to access DTCC information in smarter and faster ways. DTCC offers “gold copy” data covering the approximately USD1.6 quadrillion in securities transactions it processes each year. 
 
“DTCC has a unique vantage point as an industry-governed post-trade clearing, settlement and asset services infrastructure in the US that enables us to directly source reliable, enriched and unique data,” says Ron Jordan (pictured), Chief Data Officer at DTCC. “Clients are showing increasing interest in obtaining better access to certain DTCC information for analysis, risk, and operational purposes. By centralising data provisioning and providing a single point of access for clients, the service will help clients at every stage in the trade lifecycle.”
 
The consolidation of DTCC data products and data provisioning is the first phase in the introduction of the DTCC Data Products service. Later this year, a “Data as a Service (DaaS)” capability will further transform the way data is provisioned from fixed and custom feed delivery to on-demand data access; DTCC will offer dynamic data access to select clearing, settlement and asset services information. 
 
Exchange Traded Funds (ETF) composition and historical data are now available from the new centralised service. With the ETF offering, clients have customisable access to ETF composition and historical data, enabling users to achieve better insights into ETF portfolios and how they change over time. DTCC also launched its Corporate Actions offering in ISO 20022 format for non-participant firms. Now, any firm can view the universe of DTC corporate action events, enabling them to better manage their risk and ensure operational efficiency.
 
A newly launched DTCC data portal, www.dtccdata.com, provides information on the first sets of data that will be provisioned and accessed via the portal later this year.  
 
“The consolidation of data feeds and services is a critical first step in providing clients with easier access to certain DTCC information,” says Jordan. “We look forward to working closely with our community as the Data Products offering continues to evolve.”
 

Latest News

ETP provider GraniteShares has announced it has surpassed USD5 billion in assets under management (AUM), reaching USD5.199 billion...
News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by