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Article: Broadridge's MBS Expert[R] Certified CCP Phase 3 Compliant by Fixed Income Clearing Corp.
- Article from:
- Business Wire
- Article date:
- September 16, 2009
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Broadridge is the First Service Provider to Receive Certification for New Central Counterparty Initiative
LAKE SUCCESS, N.Y. -- Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that it has become the first service provider to be certified as fully-compliant by the Fixed Income Clearing Corporation (FICC), a subsidiary of The Depository Trust & Clearing Corporation (DTCC), for implementation of the FICC's new Central Counterparty services (CCP), scheduled to launch in the Fall of 2009.
Over the past several years, FICC has embarked on an ambitious program to modernize its MBS Clearing Services through the introduction of a central ...