The Depository Trust & Clearing Corporation’s Alternative Investment Product service has reached a new milestone, successfully processing over 500 million transactions since its inception as service adoption continues to increase.Â
The Depository Trust & Clearing Corporation’s (DTCC) Alternative Investment Product (AIP) service has reached a new milestone, successfully processing over 500 million transactions since its inception as service adoption continues to increase.
Today, AIP has over 8,000 unique funds leveraging the automated service to modernize trading and post-trade reporting of alternative investment products.
DTCC’s AIP service is a central, standardised trading and reporting platform that links the alternative investments industry to exchange data, securely and efficiently. The service includes centralised money settlement for orders, distributions and other financial activity. AIP is strategically situated between product providers or issuers and distributors, acting as a transaction processing and trade execution channel.
