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

Linedata Upgrades Link to DTCC Cross-Border Transaction Matching Platform

Subscribe to our newsletter

Linedata has upgraded the interface between DTCC’s platform for central matching of cross-border transactions (CTM) and its Longview order management system (OMS) to improve workflows required by Markets in Financial Instruments Directive II (MiFID II).

The companies have worked in partnership for 10 years, providing asset managers and hedge funds with a direct interface to CTM. This allows users to send trade allocations to their broker/dealers and automatically generate affirmations for matched trades in real time, reducing costs and risks by offering a better way to monitor post-trade workflow and any exceptions. Users also gain connectivity to DTCC’s OASYS, the company’s US domestic trade allocation and acceptance service that communicates trade and allocation details.

The interface uses Linedata’s Extensible Markup Language (XML) to allow users to match transactions across extended asset classes, including cash and fixed income instruments, as well as futures, options, equity swaps and repurchase agreements. This allows users to process multiple asset class trades on a single platform.

From a DTCC perspective, the interface uses CTM’s PUSH technology, which pushes messages to clients in real time as opposed to legacy technology that pulled messages on a scheduled basis.

Matthew Nelson, managing director of institutional trade processing at DTCC, comments: “Linedata is a strategic partner and we work closely to ensure that our mutual clients, of which there are over 50, can seamlessly connect from Linedata Longview to DTCC’s CTM, which includes commission reporting features to meet MiFID II obligations.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

Date: 20 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining...

BLOG

STS Digital Launches Structured Products Platform, Deepening Kraken Partnership

STS Digital, the regulated digital-asset derivatives firm, has launched what it describes as a first-to-market structured products platform for institutional investors, extending the principal dealer model it has built across crypto options into a broader range of yield enhancement, capital protection and bespoke structuring capabilities. The platform, which targets banks, institutional investors, family offices, external...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Entity Data Management Handbook – Fourth Edition

Welcome to the fourth edition of A-Team Group’s Entity Data Management Handbook sponsored by entity data specialist Bureau van Dijk, a Moody’s Analytics company. As entity data takes a central role in business strategies dedicated to making the customer experience markedly better, this handbook delves into the detail of everything you need to do to...