The Depository Trust & Clearing Corporation (DTCC), established in its current form in 1999, is a user-owned and governed financial market utility that provides the critical infrastructure for clearing, settlement, and information services for the global financial markets. It was created to reduce risk, enhance efficiency, and provide certainty for trillions of dollars in securities transactions daily. Through its subsidiaries, DTCC automates, centralizes, and standardizes the processing of financial transactions, serving as the central securities depository for the United States and a central counterparty for various asset classes, thereby safeguarding the stability and integrity of the financial system.

Founded in

United States