The Depository Trust & Clearing Corporation Thursday took two steps to establish itself as the standards-bearer for collection and distribution of global counterparty data and over-the-counter derivatives data.

The umbrella organization for clearance and settlement of U.S. transactions said it acquired Avox, a global corporate entity information provider, from founders Ken Price and Steve French as well as majority owner Deutsche Borse.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.