UNITED STATES: DTCC Launches OTC Direct Connect

Thursday November 9 2023

On 8^th November 2023, the Depository Trust & Clearing Corporation (DTCC) announced the launch of DTCC’s OTC Direct Connect, a service providing seamless access to over the counter (OTC) derivatives transactions data that are reportable in the U.S. and Canada. 

With OTC Direct Connect, investment professionals, data vendors, and business support teams who are active in the derivatives markets gain access to a fast and frictionless data delivery solution helping subscribers manage market risks and trading risk factors in near real-time. OTC Direct Connect eliminates manual data collection methods, providing scalability and automated access to DTCC Data Repository (U.S.) LLC’s (DDR) Public Price Dissemination Dashboard (PPD Dashboard) published data. 

OTC Direct Connect subscribers receive data on Amazon Web Services (AWS) through AWS Data Exchange where clients can find, subscribe, and use third-party data in the cloud. AWS Data Exchange also natively integrates with other AWS services for a frictionless experience which can be used to streamline data storage and ingestion into a subscriber’s own systems and applications. 

Click on the above link for further information