The Depository Trust Company’s (DTC’s) Securities Processing Application or “SPA” is a unified platform from which Participants and Transfer Agents can manage securities inventory held on their behalf at the depository. Upon completion of its phased development, it will include functionality for managing electronic deposits and withdrawals, direct registration transactions, and centralized billing activities all in one system application.
SPA Resources
Click the Resources Tab to view the interactive online guides for SPA DTC Participants and Transfer Agents.
SPA for Participants
DTC Particpants can access the following functionality:
- Deposit Withdrawal at Custodian (DWAC) - Deposits and withdrawals instructions
- Direct Registration Service (DRS)- Profile Requests Deposits, Withdrawal by Transfer (Targeted PSE and Prod releases througout 2025)
- Maker-Checker - Secondary "Four Eyes" approval for DWAC and DRS intructions. (Targeted PSE and Prod releases througout 2025)
- Physical Inventory Inquiry
Transfer Agents
FAST Agents can access the following functionality.
- FAST Balance Confirmation - FAST Agents confirm daily eod balances with DTC.
- Deposit Withdrawal at Custodian (DWAC) - Agents approve or reject deposits and withdrawl instructions
- Centralized Billing - Agents set up fees in one place which are then applied to DWAC and DRS transactions and charged to participants. (Targeted PSE and Prod releases througout 2025)
- Maker-Checker - Secondary "Four Eyes" approval for DWAC and DRS instructions and Centralized Billing Fees. (Targeted PSE and Prod releases througout 2025)
Accessing SPA
SPA is accessible via the myDTCC portal and API . User access and entitlements to SPA must be provisioned through the user firm’s Super Access Coordinator (SAC). SACs should direct questions regarding provisioning SPA access to