Tagged: stephen scharf

DTCC Processed $2.15 QUADRILLION in Securities in 2019 and its Looking at Distributed Ledger Technology

  The Depository Trust & Clearing Corporation (DTCC) is an enormous operation providing the vast majority of clearing and settlement services for securities in the US. To put this in perspective, DTCC processed $2.15 quadrillion (a quadrillion is a thousand trillion) in securities during 2019…. Read More

US Depository Trust and Clearing Corporation Might Establish Consortium to Deal with DLT Security Risks

The US Depository Trust and Clearing Corporation (DTCC), a major post-trade financial services firm offering clearing and settlement services to large capital markets, is considering establishing an industry consortium to formulate a joint strategy for dealing with security risks in the implementation of blockchain or… Read More

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