DTCC and SSImple automate standing settlement instructions ahead of Europe's move to T+1
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced a collaboration with SSImple to help custodians seamlessly automate the submission of validated, accurate and complete Standing Settlement Instructions (SSIs) into DTCC’s ALERT, the world’s largest and most trusted SSI database.
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