Leading dealers and buy-side firms join DTCC Margin Transit Utility Community
July 21, 2020

The Depository Trust & Clearing Corporation (DTCC) has today announced that its Margin Transit Utility (MTU) community has grown to 50 firms representing thousands of credit support annexes (CSAs), with users including leading dealer and buy-side organizations around the world.

DTCC's MTU was created to improve settlement efficiency and reduce operational complexity and risk for collateral call processing. The service includes connectivity from AcadiaSoft's Margin Manager and DTCC's ALERT for enriched standing settlement instructions (SSIs), connectivity to custodians and tri-party providers, confirmation of settlement, and standardized end-of-day reporting.

It also includes connectivity to a number of complementary collateral offerings, including CloudMargin, VERMEG (Colline) and TriOptima (triResolve Margin).

By automating the margin call process, MTU enables firms to efficiently validate, enrich, settle, report and monitor matched collateral calls globally while connecting to and sharing information with multiple counterparties.

"As the markets have experienced unprecedented increases in volatility and margin call demands, we've seen firsthand the benefits of MTU and a fully-automated margin call process on our first, recently onboarded accounts," stated Krzysztof Wierzchowski, Director of Global Trade Services at Franklin Templeton, one of the first participant firms to join the MTU community.

"The solution has not only enabled us to meet the challenges of today, reducing risk and increasing efficiency at a time of uncertainty, but also positions us well to meet the regulatory demands of tomorrow," Wierzchowski added.





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The Depository Trust & Clearing Corporation (DTCC) has today announced that its Margin Transit Utility (MTU) community has grown to 50 firms representing thousands of credit support annexes (CSAs), with users including leading dealer and buy-side organizations around the world.

DTCC's MTU was created to improve settlement efficiency and reduce operational complexity and risk for collateral call processing. The service includes connectivity from AcadiaSoft's Margin Manager and DTCC's ALERT for enriched standing settlement instructions (SSIs), connectivity to custodians and tri-party providers, confirmation of settlement, and standardized end-of-day reporting.

It also includes connectivity to a number of complementary collateral offerings, including CloudMargin, VERMEG (Colline) and TriOptima (triResolve Margin).

By automating the margin call process, MTU enables firms to efficiently validate, enrich, settle, report and monitor matched collateral calls globally while connecting to and sharing information with multiple counterparties.

"As the markets have experienced unprecedented increases in volatility and margin call demands, we've seen firsthand the benefits of MTU and a fully-automated margin call process on our first, recently onboarded accounts," stated Krzysztof Wierzchowski, Director of Global Trade Services at Franklin Templeton, one of the first participant firms to join the MTU community.

"The solution has not only enabled us to meet the challenges of today, reducing risk and increasing efficiency at a time of uncertainty, but also positions us well to meet the regulatory demands of tomorrow," Wierzchowski added.



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