The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

DTCC Adds API Marketplace to Streamline Access to Services

DTCC has introduced an Application Programming Interface (API) Marketplace to provide its clients, partners and internal developers with a central location for APIs developed by DTCC. The solution externalises and extends an internal DTCC API marketplace for developers that was established about a year ago, and is designed to streamline access to services and improve user experience.

The marketplace resembles an online App Store, allowing direct programmatic access to DTCC processing functionality. The first API covers DTCC’s Risk Management as a Service (RMaaS), which allows firms to gain greater insight into their current and historical unsettled positions and more efficiently analyse and manage risk and liquidity across functions and activities, including monitoring and surveillance, and regulatory compliance. Companies or developers interested in using the API can sign up and test it in a sandbox environment. Additional APIs for other DTCC products and services are in development, including one that will help clients submit, update and query new and existing claims against corporate action events.

Lynn Bishop, chief information officer at DTCC, likens the API Marketplace to personalised services such as Netflix, Hulu and Amazon, and says: “Expectations have evolved, with clients now wanting to access services in different ways that are unique to their individual business needs.” She adds: “APIs are the building blocks of digital transformation, and in today’s interconnected world, they have risen in prominence and become important to every facet of the enterprise.”

Related content

WEBINAR

Recorded Webinar: Brexit: Reviewing the regulatory landscape and the data management response

With Brexit behind us and the UK establishing its own regulatory regime having failed to reach equivalence with the EU, financial firms face challenges of double reporting, uncertainty about UK regulation, and a potential exodus of top talent. The data management response is not easy and could stretch some firms to the limit as they...

BLOG

Blackmore Capital’s Collaboration with OTCfin Completes Integration of ESG Factors into Investment Process

Blackmore Capital, a Melbourne-based asset manager set up in 2018, and New York-based OTCfin have completed the integration of ESG factors with financial data for all Blackmore portfolios. By incorporating ESG factors into Blackmore’s investment process, OTCfin’s risk and regulatory reporting solution will help the asset manager’s team improve portfolio monitoring from both a financial...

EVENT

RegTech Summit APAC Virtual

RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...