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Asset Services

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MatchingSettlementAndAssetServicesThe Depository Trust Company (DTC), the central securities depository subsidiary of DTCC, provides settlement services for virtually all equity, corporate and municipal debt trades and Money Market Instruments in the U.S. Approximately 1.4 million settlement-related transactions per day, with a value of approximately $600 billion, are completed at DTC in an efficient and risk controlled process. 

The payment and transfer of securities ownership occurs at DTC, which provides custody and asset servicing for securities issues from 131 countries and territories valued at US$37.2 trillion. 

This portion of DTCC's Learning Center provides information on Corporate Actions, Custody, Dividend and Income Processing, Issuer Services, FAST, and Underwriting. 

 

Corporate Actions

The Depository Trust Company (DTC) offers a wide array of services for processing corporate action events for the approximately 1.3 million active securities eligible at the depository. These services include announcing details of upcoming events and providing participants with information about their entitlements, accepting and acting on their instructions, and collecting, allocating, and reporting payments across various corporate action event types, including distributions, redemptions, and reorganizations.

 

Custody

The Depository Trust Company’s (DTC’s) Custody Service enables participants to outsource the safekeeping and processing of physical securities that are not or cannot be held through DTC’s core depository services. Custody’s family of products includes the Branch Deposit Service, New York Window physical clearance and settlement services, Custody Reorganization and Restricted Deposit Services.

 

Dividend and Income Processing

DTC's Dividend services include announcing, collecting, allocating and reporting dividend, interest and certain principal payments on behalf of its participants with securities in DTC custody.

 

Issuer Services

DTC's Issuer Services provide an array of central communication and information resources for depository-eligible securities that facilitate outreach by issuers to shareholders. Through its efficient, cost-effective and risk-mitigating offerings, Issuer Services help achieve timely and accurate communication among interested parties with respect to securities held and serviced at DTC. 

 

Underwriting Services

Underwriting is the entry point for depository and book-entry transfer services at The Depository Trust Company (DTC). Services offered through the Underwriting group offer efficiencies in the capital markets and reduce risk to participants by automating and facilitating the distribution and settlement of new and secondary issues.

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Asset Servicing provides a broad range of services for custody and corporate actions including safekeeping services for physical securities, data information for DTC-eligible securities, dividend, proxy and reorganization services, restricted securities services, as well as the electronic registration and transfer of securities.

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