BNP Paribas, JPMorgan Adopt CTM’s Automated Tri-Party Matching Workflow for Prime Brokers

DTCC Expands CTM Tri-Party Matching Workflow with BNP Paribas and J.P. Morgan

As the U.S. financial markets continue to adapt to the accelerated T+1 settlement cycle, market participants are turning to automation and innovative workflows to meet the new demands. Val Wotton “The U.S. move to a T+1 settlement cycle was enabled by extensive industry-wide preparation and advanced automation including the adoption and use of CTM, DTCC’s automated central trade matching platform,” said Valentino (Val) Wotton, Managing Director…

BNP Paribas, J.P. Morgan Adopt CTM’s Tri-Party Matching - Markets Media

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced that BNP Paribas and J.P. Morgan have joined CTM’s automated tri-party matching workflow for prime brokers, which streamlines trade communications between Hedge Funds, Prime Brokers and Executing Brokers. The CTM workflow brings even greater levels of efficiency to the global markets as the UK, EU…

J.P. Morgan and BNP Paribas adopt DTCC’s CTM triparty workflow - Asset Servicing Times

According to the firm, CTM standardises and automates the delivery of hedge fund trade files to prime brokers which ensures timely communication of trade details

JP Morgan and BNP Paribas adopt DTCC’s tri-party matching workflow

BNP Paribas and JP Morgan are preparing to go live with the Depository Trust & Clearing Corporation’s (DTCC) CTM automated tri-party matching workflow for prime brokers by the end of 2025.  Val WottonThe move is aimed at simplifying communications between hedge funds, prime brokers, and executing brokers, while reducing delays and operational risk. It comes as markets across the UK, EU, Switzerland, and Liechtenstein prepare for the shift to a T…

BNP Paribas, JPMorgan adopt CTM’s automated tri-party matching workflow for prime brokers

DTCC today announced that BNP Paribas and J.P. Morgan have joined CTM’s automated tri-party matching workflow for prime brokers.