Automating settlements could save $3bn, DTCC claims

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By GlobalCapital
18 Apr 2019

A new report from the Depository Trust & Clearing Corp claims recent technology advances could help reduce trade failures for institutions.

Standing Settlement Instructions account for a significant proportion of trade failures. Missing or incomplete SSIs are one of the biggest headaches for firms, according to DTCC.

A new white paper from DTCC, A Roadmap to Automation: How an SSI Utility Benefits all Participants, highlights the reduction in trade ...

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