Depository Trust and Clearing Corporation (DTCC)
The Depository Trust and Clearing Corporation (DTCC) is a financial services company that provides clearing, settlement, and other related services for the financial industry. DTCC was founded in 1999 and is headquartered in New York City.
DTCC operates a number of important financial infrastructure systems, including the Trade Information Warehouse, which is a centralized database that holds information on over 100 million trades in the US equity and fixed income markets. DTCC also operates the National Securities Clearing Corporation (NSCC), which clears and settles trades in the US equity and fixed income markets, and the Fixed Income Clearing Corporation (FICC), which clears and settles trades in the US mortgage-backed securities market.
DTCC serves a variety of clients, including banks, broker-dealers, asset managers, and other financial institutions. It plays a critical role in the financial industry by providing important infrastructure and services that support the smooth functioning of financial markets.
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