The Depository Trust & Clearing Corp. and the Japan Securities Depository Center (JSDC) want to expand their existing partnership to share information on depository services, clearance and settlement, risk management, infrastructure and legal issues, and straight-through processing. The Japan Securities Depository Center is particularly interested in the DTCC’s settlement system based on delivery rather than on payment.

"This is a genuine opportunity for us to work more closely with JSDC, with whom we’ve enjoyed a continuing relationship," said DTCC Chairman and CEO Jill M. Considine.

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