Friday, September 30, 2005

DTCC's Deriv/Serv for CDS Matching

DTCC Deriv/SERV, a new matching service that is rapidly gaining industry acceptance as the preferred solution in derivatives post-trade processing, brings automation,standardization and greater certainty to this market forthe first time. Using existing mainframe-to-mainframeconnections the Depository Trust & Clearing Corporation has with firms, DTCC Deriv/SERV’s process is conducted in real-time, highly automated, and identifies errors for correction immediately.

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