About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

DTCC Data Products Adds Liquidity Coverage Ratio Data Service

Subscribe to our newsletter

DTCC has developed a Liquidity Coverage Ratio (LCR) Data Service that will be available later this month and delivered as a data-as-a-service solution by DTCC Data Products, a centralised market data provisioning service set up a year ago to allow faster and smarter access to DTCC data.

The LCR Data Service is designed to help firms manage collateral requirements for commercial paper obligations and meet regulatory capital requirements set down in Basel III and similar regulatory mandates such as Basel II BCBS 238.

The service requires firms to supply their commercial paper portfolios to DTCC every day. DTCC creates a profile of a firm’s portfolio with obligations mapped by maturity and uses the profile, in conjunction with data on new issuances and maturities aggregated from daily feeds received by DTCC subsidiary Depository Trust Company, to calculate the liquidity coverage ratio necessary for a firm to comply with capital requirements. The calculated liquidity requirement is delivered by the start of the next day.

Dan Magarino, executive director and head of DTCC Data Products, explains: “When banks issue commercial paper they don’t always have a precise view of when obligations are due, so they can over collateralise. The DTCC LCR Data Service avoids this and allows banks to make capital adjustments on a daily basis and free up large amounts of assets.”

DTCC will bring the LCR Data Service to market later this month and is talking to three large banks about its potential to remove excess collateral from balance sheets and allow capital to be redeployed. The service adds to a number of products already provisioned by DTCC Data Products, and will be followed by further additions planned for release this quarter and throughout the rest of the year.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

5 November 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has...

BLOG

Implementing and Understanding Modern Data Architectures: Webinar Preview

The evolution of data use by financial institutions has been accompanied by ever-changing challenges to its management. With technologies such as artificial intelligence enabling firms to prise greater value from their data and to subject it to greater utilisation, a new set of data management practices have emerged. These modern data architectures regard data as...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...