Home Markets DTCC to Launch Platform to Digitalize and Modernize Private Markets

DTCC to Launch Platform to Digitalize and Modernize Private Markets

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The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has announced a new platform to streamline the issuance, transfer and servicing of private market securities. As described in a new industry report, “Digital Securities Management: Bringing Private Markets Infrastructure Into the 21st Century”, DTCC’s new Digital Securities Management (DSM) platform will, subject to regulatory approval, for the first time, provide an industry-wide solution that offers common market infrastructure and standards across private markets. The platform represents the next major milestone in DTCC’s efforts to bring automation, standardization and efficiency to the private markets, building upon its Project Whitney case study.

DSM will offer access to participants through both central and distributed infrastructure, leveraging a cloud-based architecture to…

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