The Depository Trust & Clearing Corporation has today announced that its MF Info Xchange service has been enhanced with new efficiencies and capabilities, including integrating the offering with other DTCC mutual fund services.

MF Info Xchange centralizes the delivery and receipt of time-critical notifications and alerts, information that has typically been exchanged manually via fax, email or phone. MF Info Xchange has delivered hundreds of notifications to more than 76,000 email recipients and DTCC's Wealth Management Services has signed 134 clients to the service.

A key enhancement is the seamless integration with the DTCC Mutual Fund Profile Security Database. This further minimizes the risks associated with manual data entry and ensures consistency between these services by utilizing a single data source.

Other enhancements include the ability of funds to share their projected monthly, quarterly or annual dates for "dividend/capital gains" and "interval/tender fund" activity. Intermediaries can view all consolidated schedules in one place. In addition, a further refined audit trail for distributed notifications further increases transparency and reduces risk.

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The Depository Trust & Clearing Corporation has today announced that its MF Info Xchange service has been enhanced with new efficiencies and capabilities, including integrating the offering with other DTCC mutual fund services.

MF Info Xchange centralizes the delivery and receipt of time-critical notifications and alerts, information that has typically been exchanged manually via fax, email or phone. MF Info Xchange has delivered hundreds of notifications to more than 76,000 email recipients and DTCC's Wealth Management Services has signed 134 clients to the service.

A key enhancement is the seamless integration with the DTCC Mutual Fund Profile Security Database. This further minimizes the risks associated with manual data entry and ensures consistency between these services by utilizing a single data source.

Other enhancements include the ability of funds to share their projected monthly, quarterly or annual dates for "dividend/capital gains" and "interval/tender fund" activity. Intermediaries can view all consolidated schedules in one place. In addition, a further refined audit trail for distributed notifications further increases transparency and reduces risk.