CTM IS A CENTRAL MATCHING PLATFORM USED TO ALLOCATE

CTM

Financial Markets. Forward.

CTM IS A CENTRAL MATCHING PLATFORM USED TO ALLOCATE AND CENTRALLY MATCH

TRANSACTIONS GLOBALLY ACROSS MULTIPLE ASSET CLASSES.

OVERVIEW

Industry experts agree that central matching is the most

eicient way to streamline trade flows and achieve higher

levels of automation. It allows you to accelerate the critical

steps of the post-trade process, enhancing your ability to

achieve trade date confirmation. In fact, trade date

confirmation has a significant positive impact on cost and

risk - unconfirmed trades are more likely to fail than

confirmed trades.

END-TO-END AUTOMATION VIA A SINGLE PLATFORM

CTM provides seamless connectivity from trade execution to

settlement, including direct connectivity via FIX from front

oice to middle oice trade processing as well as via the

SWIFT network to a full community of custodian banks for the

purposes of settlement notification. When used in conjunction

with ALERT®, a global database supporting the input,

maintenance, and retrieval of account information, you can

automatically enrich trades with SSIs, ensuring all account

information is accurate.

BENEFITS

 High transparency and consistency for your

post-trade processes.

 Connecting to the CTM platform means connecting to

over 2000 counterparties in 52 countries.

 Support of multiple asset classes on one platform, such as

equities, fixed Income, money markets and equity options.

 Incorporation of industry best practices, such as SMPG,

AFME, ISITC and user community best practices.

 Improved regulatory compliance and risk management.

 Links to HKEX Synapse and to depositories in Korea (KSD)

and the US (DTC)

WHO CAN USE THE SERVICE

CTM is mainly used by a broker-dealers and institutions.

Institutions use CTM to instruct trades and broker-dealers use

it to confirm trades. CTM helps these parties to eiciently

match and confirm trade details, to increase transparency,

and to mitigate risk. It also allows trading parties to send

settlement notifications or copies of information to custodians

and other third parties to achieve straight-through processing.

AVAILABLE WORKFLOWS AND ADD-ONS:

 ALERT Key Auto Select (AKAS): Used in conjunction with

ALERT, AKAS allows for the enrichment of CTM trades

with preferred SSIs for brokers and institutions without

requiring ALERT key field population on inbound

transactions to CTM.

 Archival Services: Confirm Archive and Trade Archive

provide clients with options to maintain trade records in a

centralized place.

 CTM for Prime Brokers: Tri-party matching capabilities for

prime brokers where they can receive real time

notifications in an automated and standardized format,

giving them greater matching and reject functionality.

 ITP Data Analytics: A trusted, agnostic, golden source of

information tailored to help you analyze and compare

your operational performance.

 Match to Instruct (M2i): A workflow that uses CTM,

ALERT, and TradeSuite ID® together to establish a

connection between CTM and TradeSuite ID, which can

facilitate and automate trade processing.

 Settlement Instruction Manager (SIM): SIM allows for the

automatic creation and transmission of settlement

messages in industry standard formats.

SIMPLIFIED EXCEPTION PROCESSING

The browser based user interface (UI) enables you to instantly modify and repair trade exceptions to facilitate matching. Amend,

reject, and cancel trades, view trade statuses, submit queries, and amend and cancel settlement notifications, all through a

secure internet connection.

CTM Platform

ORDER

NOTICE OF EXECUTION (NOE)

FINAL NOE/BLOCK

MATCHED BLOCK

ALLOCATIONS

CONTRACT(S)

MATCHED

ALLOCATION(S)

MATCHED

ALLOCATION(S)

MATCHED BLOCK

ALLOCATIONS

BLOCK

Central Securities Depository (CSD)

INVESTMENT MANAGER BROKER

SECURITY CROSS REFERENCE

ALERT SSI ENRICHMENT

CENTRAL MATCHING

SETTLEMENT

INSTRUCTION MANAGER

MIDDLE/BACK OFFICE

FRONT OFFICE FRONT OFFICE

GLOBAL/SUB

CUSTODIAN

3RD PARTY

RECIPIENT

3RD PARTY

RECIPIENT

HOW THE SERVICE WORKS

With the CTM workflow, matching happens on both blocks and allocations. A block level workflow allows institutions and

broker-dealers to tie trades back upstream providing better parity between front and back-oice systems. Institutions can

submit a block and then submit allocations against the block. Broker-dealers submit a block and corresponding allocations.

For matched trades, the CTM platform will send status updates to both counter-parties. Security cross-referencing occurs

simultaneously, which can be further augmented by ALERT SSI enrichment. Next, the blocks are centrally matched and

settlement notifications can be sent to global custodians, third party recipients, and the CSD. If no match is found for a trade,

an exception occurs. Trade parties are automatically updated on changes in the trade status and given the opportunity to

manage the exception prior to settlement, saving valuable time and helping to reduce costs.

The Depository Trust & Clearing Corporation.

The services described above are provided under the “DTCC” brand name by certain ailiates of The Depository Trust & Clearing Corporation (“DTCC”). DTCC itself does not provide

such services. Each of these ailiates is a separate legal entity, subject to the laws and regulations of the particular country or countries in which such entity operates. See www.dtcc.com

for a detailed description of DTCC, its ailiates and the services they oer.

Certain DTCC ITP LLC services are subject to regulation by the U.S. Securities and Exchange Commission (“SEC”) and are oered by DTCC ITP Matching (US) LLC (“DTCC Matching”),

which is set out in SEC Release No. 34-44188; File No. 600-32; 66 FR 20494 (April 17, 2001). TradeSuite ID and CTM are services of DTCC Matching and are subject to SEC regulation

when used for trades in which either the broker-dealer or its institutional customer is a U.S. entity and the securities in the trade are issued by a U.S. issuer. No other services oered by

DTCC ITP LLC are regulated. DTCC Public (WHITE) 26808-TC05082024

FOR MORE INFORMATION

Please contact us here or visit us at www.dtcc.com/ctm

FLEXIBLE IMPLEMENTATION AND CONNECTIVITY OPTIONS

Current implementation options can reduce the overall project lifecycle of implementing CTM to just weeks. Flexible and

cost-eective connectivity methods allow you to easily integrate the CTM solution into your existing trade processing

environment leveraging your existing infrastructure.

INTERFACE OPTION MESSAGE FORMAT QUERY OR EVENT-BASED

INTERFACE CONNECTIVITY

METHOD

NETWORK CONNECTIVITY

METHOD

Event-Based Push XML Event-Based

HTTPS

IBM Websphere MQ

Internet or Leased Line

Leased Line

Direct XML Query-Based

Java API

.Net API

Internet or Leased Line

Message Translation

Interface (MTI)

CSV Event-Based

CSSS

Secure FTP (IM only)

Internet or Leased Line

Internet

FIX FIX Event-Based FIX Leased Line