The Depository transactions and Clearing Corporation ( DTCC ) has announced that it will use distributed computing technology to process post - trade lifecycle events for credit derivatives , including triggering payments and managing credit events . This marks a step forward for integrating transactions into the heart of the wholesale financial markets . it processes around 100 m transactions a day whilst acting as the default clearing house for more than 50 exchanges and equity platforms .
The Depository Trust and Clearing Corporation (DTCC) has announced that it will use distributed ledger technology to process post-trade lifecycle events for credit derivatives, including triggering payments and managing credit events. This marks a step forward for integrating blockchain into the heart of the wholesale financial markets. DTCC processes around 100m transactions a day whilst acting as the central clearing house for more than 50 exchanges and equity platforms.