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National Australia Bank To Submit And Maintain Settlement & Account Data On DTCC Alert, Bringing Greater Automation And Accuracy To The Post-Trade Lifecycle

<p><span>The Depository Trust &amp; Clearing Corporation (</span><a href="http://www.dtcc.com/" target=" blank">DTCC</a><span>), the premier post-trade market infrastructure for the global financial services industry, today announced that National Australia Bank Asset Servicing (NAS) has agreed to submit and maintain Standing Settlement Instructions (SSIs) directly via its ALERT service,&nbsp;the industry&rsquo;s largest and most compliant web-based global database for the maintenance and communication of account and SSI data.&nbsp;NAS is now leveraging ALERT&rsquo;s Global Custodian (GC) Direct workflow, which automates the exchange of SSIs between a custodian&rsquo;s central repository and ALERT enabling the global custodian/prime broker to own and manage the SSI data for their buy-side clients, effectively creating the &ldquo;golden copy&rdquo; within the ALERT platform, further automating the ma ....

Dwayne Francis , Bob Stewart , Clearing Corporation , National Australia Bank Asset Servicing , Head Of Network Management Custody , Depository Trust , Standing Settlement Instructions , Network Management , Custody Support , Executive Director , Institutional Trade Processing , Trade Processing , Central Securities Depositories Regulation , Settlement Discipline Regime , All Regions , Ettlement Clearing ,

NAB to submit and maintain settlement and account data on DTTC Alert

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that National Australia Bank Asset Servicing (NAS) has agreed to submit and maintain Standing Settlement Instructions (SSIs) directly via its ALERT service, the industry’s largest and most compliant web-based global database for the maintenanc. ....

Dwayne Francis , Bob Stewart , Head Of Network Management Custody , Network Management , Custody Support , Executive Director , Institutional Trade Processing , Trade Processing , Central Securities Depositories Regulation , Settlement Discipline Regime ,