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Mutual funds are one of the leading investment vehicles for both individuals and institutions. In the early 1980’s mutual
fund transaction processing was a paper-intensive, costly, manual process. As the industry struggled with the surging volume
of transactions and the risk exposure inherent in such fast growth, DTCC responded to the need for automation by introducing
in 1986 a centralized, standardized transaction processing system called Fund/SERV®.
Following the launch of Fund/SERV, DTCC developed a complete suite of services that address the changing needs of the mutual
fund industry. These services provide operational flexibility and sophisticated technology. Participants can use these services
on a stand-alone basis or together, based on their business needs.
Services:
Benefits
DTCC’s Mutual Fund Services help fund companies avoid the costly alternative of maintaining independent links with each of
their distribution partners and vice versa. With DTCC, fund companies and distributors can:
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Automate and standardize mutual fund processing
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Increase efficiency and accuracy by reducing manual processing
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Reduce operating costs
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Centralize money settlement
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Expand distribution of mutual fund products
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