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The new integration matches claims before they’re sent to the DTC for processing and settlement.
The Depository Trust Co. (DTC), a DTCC subsidiary, reports that its automated corporate actions cash claim processing service, ClaimConnect, now links to a claims processing platform from Kingfield Corp., and the link matches claims before they’re sent to the DTC for processing and intraday settlement. ClaimConnect validates, matches, settles, and closes claims in minutes, DTC...
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