FX Guys

FFG Asset Management adopts DTCC’s ITP services

The Depository Trust & Clearing Corporation (DTCC) today announced that FFG Asset Management (FFG AM) has adopted the firm’s Institutional Trade Processing (ITP) services, leveraging the automated post-trade solutions to achieve no touch processing for equities and fixed income transactions.

FFG AM, a Japanese regional bank, has selected CTM, ALERT and Settlement Instruction Manager to fully automate their post-trade processing for domestic and cross-border transactions. By adopting DTCC’s ITP services, FFG AM can save time and resources spent on manual processes, creating a faster and more efficient post-trade process, thereby achieving a shorter time to settlement. This aligns with the global financial industry’s focus on accelerating settlement cycles after the successful implementation of T+1 settlement in the U.S.

“We…
Read More