DTCC Launches Exception Management Tool
Depository Trust & Clearing Corporation bolsters Institutional Trade Processing product suite.
The DTCC’s Exception Manager enables market participants to publish, manage and communicate exceptions—defined as any transaction that requires user attention to settle successfully—through the trade lifecycle, and supports all securities transactions globally.
“Post-trade exception processing often creates operational risk and a significant amount of inefficiency for all parties to a trade. Trade data needs to be consumed and processed from many disparate systems, including matching engines
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