Learn how the securities industry got its start in the United States as well as the basics of key topics such as clearing, settlement, securities processing, and more, in this series of interactive videos and courses. You will gain an introductory look at the financial services industry, with a focus on the role of DTCC’s offerings in bringing automation, efficiencies and reduced risk and cost to help advance the markets.
Note: Stay tuned! Additional modules to come.
- Module 1: DTCC & Solving the Paperwork Crisis
- Module 2: Revolutionizing Securities Processing and Reducing Risk
Note: Click "Next" on the right to begin the video
DTCC and Solving the Paperwork Crisis
From the first U.S. publicly traded securities in the 1700s, to the “paperwork crisis” in the 1960s which brought trading to a halt, learn how DTC and NSCC were formed by the industry to bring automation to the markets, enabling exponential growth and reducing operational cost and risk.
Revolutionizing Securities Processing and Reducing Risk
Learn how key processes introduced by DTCC’s subsidiaries – immobilization and dematerialization – modernized paper-based post-trade processing to the automated systems used by the financial services industry today. These processes have not only drastically reduced risks such as loss, forgery and counterfeiting, but also have served to reduce time to settlement and lower costs. Today, less than one tenth of 1% of trades in the U.S. involve paper certificates due to the processes described in this brief video.