One of the key advantages of using DTCC’s services is its money settlement system run by operating subsidiaries such as National Securities Clearing Corporation. Not only does DTCC, through its subsidiaries, move data and information through its systems, it also moves the money involved in many transactions. DTCC’s money settlement system:

• Gives distributors and fund companies access to funds in the fastest, easiest way possible. 
• Eliminates the extensive manual process currently required, thus reducing your expenses
• Provides faster use of the monies transferred 

This system, which has been used by broker/dealers, banks and mutual fund companies for years, handles billions of dollars every day.  The money settlement system can provide you with a competitive advantage in an increasingly competitive world.

With DTCC’s money settlement system, time, expense and effort are minimized:

• No check handling 
• No manual matching to accounts
• No posting to accounts
• No manual labor