Quick Links

Settlement Processing for Insurance (STL)

Settlement Processing for InsuranceSM automates and centralizes the settlement of post-issue money/funding activities between carriers and distributors as well as between carriers, allowing for the optimal facilitation of insurance withdrawals, full and partial surrenders and mandatory required distributions.

Settlement Processing for Insurance (STL) leverages NSCC’s Money Settlement Service to report activity, including its Money Settlement Detail (MSD) data file and the net settlement obligation Money Settlement Summary (MSS) data file, to both parties of a transaction.

Settlement Processing for Insurance

 

Settlement for Withdrawals and Settlement for Premiums

STL fully automates the movement of money in annuity withdrawals and the payment of life insurance premiums. With STL, funds withdrawn from annuities are issued directly back to the end-client’s brokerage account, enabling distributors to retain funds under their management. Supporting the processing of life insurance premiums, STL systematically transfers withdrawn funds from the brokerage account to the carrier.

 

Settlement for Replacements

STL brings DTCC’s carrier-to-distributor settlement capabilities to carrier-to-carrier replacement transactions (also known as 1035 Exchanges). This unique offering in the insurance marketplace connects insurance carriers, expediting the movement of monies between ceding (delivering) and receiving carriers upon surrender of an annuity contract in a completely standardized and automated environment.

 

Filter resources:
Order Resources by

Authorizing, Exempting, and Canceling a Transaction

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Setting Up a Security Profile

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Setting Up a Drop Profile

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Releasing a Transaction

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

DTC Security Eligibility (MMI vs. Underwriting): A Quick Reference for IPAs

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Clearing Fund Management - DTC

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Clearing Fund Management - DTC Modernization Demo

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Clearing Fund Management - DTC Demo

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Project Ion MVP User Guide

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

SMART/Track for Buy-Ins User Guide

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

SMARTTrack CNS Buy-Ins Quick Reference

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Settlement Web Help

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

DTC Settlement: Overview Webcast

Overview of DTC Settlement Processing which will list the requirement, how transactions are recorded and how Settlement occurs at DTC.
February 08, 2021

Money Market Instrument (MMI) Issuances and Maturities

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

PAMM Field Behavior Matrix

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

ISO Messaging Test Facility

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Inventory Management System

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.

Stock Loan and REPO Agreement Transaction Processing at DTC

In this course you will learn how to submit stock loan or REPO deliver orders, view transactions, and enter a position or cash adjustment to stock loans and REPOs.

An Overview of Stock Loans and Repurchase (REPO) Agreements

In this business process overview course you will be introduced to DTC's stock loan and REPO processing and income tracking.

SMART/Track for Agency Lending Disclosure

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam sit amet mauris ac purus imperdiet accumsan id sed nisi. Donec ut pulvinar arcu.
back to top