DTCC

DTCC

About DTCC

Simplify's Rating
Why DTCC is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1973

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • DTCC's AppChain platform supports real-time settlement, boosting operational efficiency.
  • FICC's record volumes highlight DTCC's role in stabilizing the U.S. Treasury market.
  • DTCC's integration of blockchain enhances liquidity and capital efficiency in financial markets.

What critics are saying

  • Increased competition from blockchain platforms could challenge DTCC's traditional services.
  • Rapid growth of tokenized assets may require significant investment in new infrastructure.
  • Market volatility could impact the stability of DTCC's digital collateral management platform.

What makes DTCC unique

  • DTCC's FICC processed over $11 trillion in U.S. Treasury transactions on April 9.
  • DTCC launched AppChain for real-time management of tokenized assets, enhancing digital finance.
  • DTCC's new platform uses blockchain to streamline collateral operations, improving efficiency.

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Benefits

Health Insurance

Life Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Hybrid Work Options

Company News

Australian FinTech
Apr 14th, 2025
Ficc Surpasses Usd$11 Trillion In Daily Volume Amid Market Volatility, Underscoring Resiliency Of Central Clearing

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its Fixed Income Clearing Corporation (FICC) subsidiary processed a series of record volumes last week, reaching an all-time high of over USD$11 trillion in U.S. Treasury cleared transactions on April 9, a significant milestone in FICC’s history of processing government securities transactions.“FICC’s record volumes come amid heightened market volatility and underscore the critical role that FICC plays in promoting the stability and resiliency of the U.S. Treasury market,” stated Laura Klimpel, Managing Director, Head of DTCC’s Fixed Income and Financing Solutions. “Even in times of market stress, FICC’s ability to effectively process historically high volumes reaffirms the strength of the central clearing model in safeguarding the integrity of the world’s deepest and most liquid market. It also demonstrates the essential value that FICC provides as a critical infrastructure, mitigating risk and reinforcing confidence across financial markets.”

StatsBag
Apr 6th, 2025
20 Billion Dollars: The Staggering Value of Tokenized Assets in the US

In a related development, the Depository Trust & Clearing Corporation (DTCC) has launched AppChain, a new platform designed for real-time management of these tokenized assets.

CryptoSlate
Apr 4th, 2025
Tokenized Assets In Us Near $20B As Dtcc Launches Appchain For Real-Time Tokenized Asset Management

The Depository Trust Clearing Corporation (DTCC) has launched a new tokenized real-time collateral management platform, signaling a major institutional commitment to decentralized finance infrastructure in the United States.The initiative is built as an AppChain and represents the first industry-wide use of a blockchain-native financial network to facilitate digital asset-backed collateral operations across markets.Institutional Backbone Embraces Blockchain InfrastructureDTCC’s platform introduces a live digital collateral system that enables near real-time settlement and automated collateral operations via smart contracts. Built on LF Decentralized Trust’s Besu blockchain and supported by DTCC ComposerX, the system operates as part of the broader DTCC Digital Launchpad ecosystem introduced in October 2024.According to the organization, the platform will be publicly demonstrated on April 23 during “The Great Collateral Experiment,” a live showcase of cross-market use cases.The new approach aims to address long-standing inefficiencies in collateral workflows by streamlining asset movement across historically siloed infrastructure. As DTCC’s Global Head of Digital Assets, Nadine Chakar, stated, the model provides a more open, flexible, and institutionally viable framework than earlier digital collateral pilots. Chakar said,“We plan to continue building on this collateral model, engaging with the industry and our regulators to develop the standard for tokenized collateral across global jurisdictions.”CTO Dan Doney further emphasized that real-time collateral mobility represents a “killer app” for blockchain in traditional finance, potentially unlocking liquidity during volatile conditions without compromising operational integrity.DTCC processed $3 quadrillion in securities transactions in 2023 and holds custody of over $85 trillion in assets, making its endorsement a landmark moment in the broader adoption of tokenized systems.DTCC’s launch is emblematic of a broader movement across the US financial sector to integrate blockchain-based tokenization. The market for tokenized real-world assets surpassed $19 billion, up from $10 billion a year prior. Tokenized US Treasuries alone have reached $4.9 billion in value, and tokenized private credit now exceeds $12.4 billion.tokenized assets (Source: rwa.xyz)Parallel initiatives from financial giants, including BlackRock, JP Morgan, Apollo, and Franklin Templeton, reinforce the institutional shift

Coinomist
Apr 3rd, 2025
DTCC Launches Tokenized Collateral Platform for Institutional Markets

DTCC launches tokenized collateral platform for institutional markets.

Australian FinTech
Apr 2nd, 2025
Dtcc Announces New Platform For Tokenized Real-Time Collateral Management

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced a digital collateral management platform.DTCC and industry leaders will demo the new platform in a live event, “The Great Collateral Experiment” on April 23, representing a diverse cross-section of financial market assets and participants. It’s the first industry demonstration developed on DTCC’s digital ecosystem that launched last October – DTCC Digital Launchpad.Collateral is an essential risk mitigation tool that helps support overall financial stability. But as the markets grow more complex and cost pressures rise, the demand for high quality collateral increases. Blockchains present a significant opportunity to streamline the flow of collateral across siloed infrastructure, unlocking major capital and operational efficiencies.The new AppChain-based approach demonstrates the power of tokenized collateral management to:Increase the mobility and velocity of collateral movement globally,Increase capital efficiencies and liquidity for all participants,Facilitate the convergence of traditional and digital assets, andEnable an open digital liquidity ecosystem for market participants to deploy digital applications that enhance collateral operations.The collateral management platform is an application on the DTCC AppChain, built atop LF Decentralized Trust’s Besu blockchain. The DTCC AppChain offers greater control over privacy, security, and data and uses DTCC ComposerX. DTCC is giving our participants a robust digital financial infrastructure to help navigate the fragmented data landscape that spans traditional and digital networks

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