DTCC has begun a multiyear initiative to reimagine its settlement engine, initiating a “settlement modernization” program that leverages many optimization, resiliency and new technology concepts.
As we strategize what the vision for a settlement system of the 21st century could – and should – look like, we’ll be meeting with key industry stakeholders. Check this page for updates.
For more information on the Settlement Modernization effort, contact This email address is being protected from spambots. You need JavaScript enabled to view it..
The following are news articles that highlight aspects of the initiative. To sort items within the table, click on the any column heading.
News
| # | Name | Description | Added On |
|---|---|---|---|
| 1 |
 Project Ion Case Study New! | Read the Project Ion case study to learn about DTCC’s latest advancements with digital processing to shorten the time between trade and settlement — and the potential to leverage DLT. | Jun 26, 2020 |
| 2 |
 Advancing Together: Moving Settlement Processes to T+0 New! | Learn how a partnership between DTCC's Clearing and Settlement Product Management and Business Innovation teams led to the ideas proposed in the project Ion case study. | Jun 26, 2020 |
| 3 |
Settlement: From Optimization to Modernization New! | Read how DTCC's Settlement Modernization program will leverage many settlement optimization concepts, coupled with resiliency and new technology in this DTCC Connection article. | Jun 26, 2020 |
| 4 |
Night Cycle Reengineering: An Innovative Approach to a Traditional Problem | Discover how DTCC created a more dynamic and intelligent processing environment in this DTCC Connection article. | Mar 28, 2018 |
The following are important notices relating to Settlement Modernization. To sort items within the table, click on any column heading.
Important Notices
| # | Name | Description | Added On |
|---|---|---|---|
| 1 |
DTC Important Notice 11380-19: Settlement Optimization | The purpose of this DTC internal notice is to provide clients with an update to the Night Cycle Reengineering component of Settlement Optimization targeted for implementation on September 26, 2019 (pending regulatory approvals), as well as details on processing rules and client testing. | May 20, 2019 |
Documents relating to Settlement Modernization will be added as the initiative progresses. To sort items within the table, click on any column heading.
Documentation
| # | Name | Description | Added On |
|---|---|---|---|
| 1 |
Modernizing the U.S. Equity Post-Trade Infrastructure | DTCC is exploring several opportunities to optimize and accelerate settlement beyond T+2, enabling participants to reduce capital requirements and operational costs while preserving the resiliency of the current infrastructure and reducing systemic risk. | Jan 30, 2018 |