

Our vision is to dramatically redefine our role as the logistical solution provider to the financial services industry. To be a "thought leader" in addressing a wide range of industry issues, including new regulatory and compliance requirements, business continuity planning and resiliency, operational and systemic risk, global communication standards and regulatory harmonization.
As we look ahead to 2010, we need to focus not just on the U.S. market, but also on what is happening globally with our customers. While not losing focus on our core responsibilities in clearance and settlement, our customers also want a broader range of investment servicing solutions.
We have no intention of abandoning our core reputation for certainty and reliability. At the same time, we're also leveraging our capabilities and expertise, lowering customer costs, repurposing technology and extending the reach of our services to link new trading parties - and facilitate the growth of new markets.
"This new white paper outlines the processing challenges posed by Collateralized Mortgage Obligations and other Asset-Backed Securities as late and inaccurate notifications of payment rates continue to be major concerns."
Early each year, DTCC publishes a Development Agenda, a comprehensive list of the major programs it plans to advance over the course of the coming year.
This agenda, one of many ways DTCC keeps the industry informed, provides a useful vehicle for participants to see what's coming down the road, including actions they must take to ensure readiness for enhancements and new services. While most initiatives are tied to technology development projects, these updates also cover industry discussion groups, rule filings, contingency programs, etc.