FFG Asset Management Leverages DTCC ITP

The Depository Trust & Clearing Corporation (DTCC) has announced that FFG Asset Management (FFG AM) has implemented DTCC’s Institutional Trade Processing (ITP) services. This move will enable FFG AM to fully automate its post-trade processes for equities and fixed-income transactions, achieving no-touch processing and optimizing its trade settlement operations.

FFG AM has integrated DTCC’s Central Trade Manager (CTM), ALERT, and Settlement Instruction Manager solutions, streamlining its domestic and cross-border post-trade workflows. By automating these processes, FFG AM is reducing the time and manual effort required to complete trades, enhancing efficiency, and shortening settlement times. This aligns with the global financial industry’s focus on faster settlement cycles following the U.S. market’s recent transition to a T+1 settlement cycle.

FFG Asset Management Leverages DTCC ITP to Achieve No-Touch Processing

Takashi Yoshinaga, Representative Director of FFG Asset Management, expressed enthusiasm for the adoption: “In light of the global movement towards shorter settlement cycles and the upcoming extension of trading hours on the Tokyo Stock Exchange, it is increasingly important to execute post-trade operations with speed and accuracy. DTCC’s ITP services will enhance our operational efficiency and robustness.”

DTCC’s ITP suite allows firms to accelerate post-trade agreements through automation. CTM automates the trade confirmation process and, when used with ALERT, enriches transactions with accurate account details and standing settlement instructions (SSI). Settlement Instruction Manager further simplifies the process by automatically generating and sending settlement instructions to custodians and third parties.

Val Wotton, Managing Director of DTCC’s Institutional Trade Processing, added, “We are excited to partner with FFG AM in advancing post-trade processing efficiency in the region. DTCC’s ITP services offer faster settlement finality and connect thousands of counterparties globally, driving efficiency across markets.”

By leveraging DTCC’s suite of tools like CTM, ALERT, and Settlement Instruction Manager, FFG AM is poised to streamline its operations, reduce settlement times, and enhance overall efficiency. This move aligns with the global trend of accelerating settlement cycles and reflects the firm’s commitment to improving the accuracy and speed of post-trade processes.

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