DTCC Expands European Presence
The Depository Trust & Clearing Corporation (DTCC) has opened a new City of London office at Broadgate West to support its range of global offerings and a customer base that increasingly operates around the world. The DTCC London office serves as the regional customer centre for its global services, including DTCC Deriv/SERV and the Trade Information Warehouse for OTC derivatives, the Global Corporate Action Validation Service (GCA VS), and a new service being developed for the alternative investment product (AIP) market. In addition, the London office provides a critical liaison to DTCC’s European counterparts and industry organisations, as well as global hedge funds. The London office supports a range of functions, including relationship management, software development, business development and day-to-day customer support.