DTCC’s DataPro Suite Gets Upgrade, Covering Broader Asset Focus

The Depository Trust & Clearing Corporation (DTCC), a provider of post-trade market infrastructure for the global financial services industry, has enhanced its DataPro product suite, expanding its scope to include all major asset classes, according to a group statement.

DTCC DataPro currently includes the support of referential and activity-based data solutions that cater to a wide range of clients. Its primary function is to help address the dynamic state of operational, regulatory compliance, Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and investment processes and challenges facing market participants.

Broader Focus

At the present, DTCC DataPro features a total of six sovereign categories - announcement, Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, market and benchmark analytics, regulatory compliance – the platform also will now cover all major asset classes.

The expansion of the DataPro suite builds on the recently launched Trade Information Warehouse (TIW) Market Reports, which emphasized market risk perspectives on credit derivatives.

According to Ron Jordan, Managing Director of Data Services, DTCC, in a statement on the upgrade: “DTCC DataPro leverages data collected by DTCC’s processing and data engines to help firms address front-, middle- and back-office needs. In an increasingly competitive market environment, DTCC DataPro simplifies the complexities of data management across transaction types and asset classes, increasing transparency, mitigating risk and driving efficiencies for financial firms.”

“DTCC DataPro was created in response to growing client demand for access to consolidated views of their own trading data, as well as aggregated and anonymized market data sourced from DTCC’s processing and data engines,” explained Dan Magarino, Executive Director, DTCC DataPro.

“It uses source data to provide market insights to clients for use in a variety of different ways, including gaining a more holistic view of their own activity, comparing their activity to market benchmarks, helping to comply with the myriad of new regulatory requirements, helping to optimize their use of capital and to better manage risk.”