The Depository Trust & Clearing Corporation

URI: https://gptkb.org/entity/The_Depository_Trust_&_Clearing_Corporation

GPTKB entity

Statements (49)

Predicate	Object
gptkbp:instanceOf	gptkb:financial_services_company
gptkbp:abbreviation	gptkb:DTCC
gptkbp:assetsUnderCustody	over $87 trillion (as of 2023)
gptkbp:businessModel	user-owned cooperative
gptkbp:CEO	Francisco J. Novoa (as of 2024)
gptkbp:clears	equities derivatives municipal bonds government securities mortgage-backed securities corporate bonds
gptkbp:competitor	gptkb:CME_Group gptkb:ICE gptkb:Euroclear gptkb:Clearstream
gptkbp:country	gptkb:United_States
gptkbp:founded	1999
gptkbp:headquartersLocation	gptkb:New_York_City
https://www.w3.org/2000/01/rdf-schema#label	The Depository Trust & Clearing Corporation
gptkbp:industry	financial services
gptkbp:notableClient	broker-dealers mutual funds banks insurance companies other financial institutions
gptkbp:notableEvent	played key role in post-2008 financial crisis reforms launched Global Trade Repository for derivatives
gptkbp:numberOfEmployees	over 4,000
gptkbp:parentOrganization	gptkb:Depository_Trust_Company gptkb:National_Securities_Clearing_Corporation
gptkbp:processor	over $2 quadrillion in securities transactions annually
gptkbp:regulates	gptkb:Federal_Reserve gptkb:New_York_State_Department_of_Financial_Services gptkb:U.S._Securities_and_Exchange_Commission securities transactions
gptkbp:role	systemically important financial market utility
gptkbp:services	gptkb:settlement data services clearing asset servicing custody
gptkbp:subsidiary	gptkb:Fixed_Income_Clearing_Corporation gptkb:Depository_Trust_Company gptkb:National_Securities_Clearing_Corporation DTCC Deriv/SERV LLC DTCC Solutions LLC
gptkbp:website	https://www.dtcc.com/
gptkbp:bfsParent	gptkb:Clearing_Houses
gptkbp:bfsLayer	5