Business Continuity Planning

Since 9/11, the need to protect the global financial system has brought heightened attention to business continuity planning, both in the U.S. and in markets worldwide. The need is particularly acute for DTCC, the largest post-trade financial services infrastructure company in the world.

Naked Short Selling

There has been a fair amount of media coverage of naked short selling, Regulation SHO and even DTCC's role in that via the Stock Borrow program operated by DTCC subsidiary National Securities Clearing Corporation (NSCC).

No More Paper

Paper certificates are expensive to issue, store, ship and insure. And every year more than 1.2 million are reported lost, stolen or counterfeit, costing investors as much as $50 million to get replacements issued.

The DTCC Reengineering Project

The Depository Trust & Clearing Corporation (DTCC) is undertaking a new strategic partnership with Tata Consultancy Services (TCS) to collaborate in the reengineering of DTCC's core systems for securities underwriting and corporate actions processing for the U.S. financial services industry.

The initiative will create a single new platform, replacing more than 60 separate underwriting and corporate actions legacy systems that have evolved over the past three decades.

Six Sigma

DTCC is leveraging Six Sigma methodologies and metrics to

• create a customer-centric organization,
• pursue organizational excellence and
• reach higher levels of customer satisfaction.

Six Sigma is an essential tool in helping DTCC navigate in the competitive landscape and meet and exceed customer expectations.