Improving Settlement Efficiencies with ALERT

Like most firms in the industry, Legal & General Investment Management (LGIM) have been managing to regulations like CSDR, and are preparing for the industry’s move to US T+1. To do this, they’ve made improving settlement efficiencies one of their top priorities. Luckily, DTCC’s Institutional Trade Processing (ITP) has been there to help. The latest podcast in our ITP Podcast Series features DTCC’s Matt Johnson, joined by Dan Morecroft, Onboarding Manager at Legal & General Investment Management and Jan Coughlan, Co-head of ALERT Product Management, DTCC discussing the importance of well-maintained SSIs in facilitating timely and accurate trade settlement and preventing trade failure. Listen now to hear how LGIM was able to improve their settlement efficiencies with ALERT.

The services described above are provided under the “DTCC” brand name by certain affiliates of The Depository Trust & Clearing Corporation (“DTCC”).  DTCC itself does not provide such services.  Each of these affiliates is a separate legal entity, subject to the laws and regulations of the particular country or countries in which such entity operates. See www.dtcc.com for a detailed description of DTCC, its affiliates and the services they offer. 

Certain DTCC ITP LLC services are subject to regulation by the U.S. Securities and Exchange Commission (“SEC”) and are offered by DTCC ITP Matching (US) LLC (“DTCC Matching”), which is set out in SEC Release No. 34-44188; File No. 600-32; 66 FR 20494 (April 17, 2001).  TradeSuite ID and CTM are services of DTCC Matching and are subject to SEC regulation when used for trades in which either the broker-dealer or its institutional customer is a U.S. entity and the securities in the trade are issued by a U.S. issuer. No other services offered by DTCC ITP LLC are regulated.