Depository Trust & Clearing Corp. (DTCC) and Clearstream have teamed up to support the bilateral loan and syndicated loan markets. Clearstream will leverage DTCC’s Loan/Serv Reconciliation Service and offer it in the first half of next year. The two firms will also build bilateral loan services, building on DTCC’s existing Loan/Serv platform and integrated with Clearstream’s collateral management platform. They will offer the Loan/Serv Reconciliation Service to existing and prospective clients across Europe, the Middle East, Africa and Asia.
Click here for the release from Business Wire.