State Street’s Collateral+ business now connected to DTCC’s MTU
State Street Corporation (NYSE:STT) today announced that its Collateral + business is operational with DTCC’s Margin Transit Utility (MTU), which has been designed for simplifying the transfer of collateral among market participants. By leveraging MTU, State Street’s Collateral+ business will now be able to more efficiently validate, enrich, settle, report and monitor third party collateral…
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