The Cost Basis Reporting Service (CBRS) system mitigates potential endless paper trails, extra charges, and added operational risk associated with firms manually transferring their cost basis information. The CBRS application extends its automated efficiencies and capabilities to transfer agents, issuers, mutual funds, custodian banks, and broker/dealers to support the transfer of cost basis information from one firm to another for any asset transfer.
DTCC Learning is excited to offer two live, virtual, instructor-led training sessions focusing on the fundamentals of the DTC Settlement process.
Course 1: Overview of DTC Settlement Processes & Managing Collateral in Your Account. Join this live training session and gain an understanding of the requirements needed to utilize DTC’s Settlement service. Register now. September 17, 2024 10:30 AM ET.
Course 2: DTC Settlement Transactions and Systems. In this live training session, you will learn about the DTC Settlement System (Settlement Web) and key transactions involved in the Settlement process. Register now. September 18, 2024 10:30 AM ET.