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 Expects More Comparison Capability From Rebuilt Warehouse

Subscribe to our newsletter

As DTCC prepares to move its Trade Information Warehouse (TIW) for credit derivatives swap management to a distributed ledger technology (DLT) platform, the post-trade clearing and settlement services organization expects the change to enable more comparisons of transaction information, according to Jennifer Peve, executive director, office of fintech strategy at DTCC.

“Comparability is certainly helpful. We’re not creating a new business from scratch,” she says. “There are a number of use cases out there being explored, where the distributed ledger certainly can be a good fit because it’s creating efficiencies like taking away duplicative processes or adding value to the clients. Or it’s creating a single source of truth on the transaction and sharing that across a number of participants. It can be applied even to businesses that don’t have an exact comparison.”

TIW has design principles in common with DLT, in that both centralize the collection of transaction information on a ledger using standardized protocols, for transparency, according to Peve. “The standardized protocols and data models around credit derivatives that came out when we originally developed the TIW lent themselves nicely to putting on a distributed ledger,” she says. “Anything you put on a distributed ledger should be part of your business case so you understand the standardization of the asset.”

DTCC partnered with IBM, Axioni and R3 to build the DLT framework to which TIW will be moved. TIW processes trade lifecycle events for 98% of all credit derivatives transactions worldwide, and supports processing for central counterparties and custodian banks.

On a separate project, DTCC and software company Digital Asset Holdings is beginning the second phase of planning a DLT-based service to clear and settle US Treasury, agency and agency mortgage-backed repo transactions. The work began in March 2016, and the second phase includes creation of a Stakeholder Working Group comprised of market participants to collect feedback on the plans for the service. Based on feedback collected by June, DTCC and Digital Assets will then consider how to develop the service.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: In data we trust – How to ensure high quality data to power AI

Artificial intelligence is increasingly powering financial institutions’ processes and workflows, encompassing all parts of the enterprise from front-office to the back-office. As organisations seek to gain a competitive edge, they are trialling the technology in variety of ways to streamline and empower multiple use cases. Some are further than others along the path to achieving...

BLOG

Bloomberg Debuts Real-Time Events Data Feed

Bloomberg has broken new ground with the release of its Real-time Events Data solution, which it says will help financial institutions make better decisions faster, based on the most accurate and timely information. The US financial data and technology behemoth has leveraged its real-time streaming API connectivity to provide subscribing clients with data from earnings...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...