DTCC Announces Launch of Rapid Issuance for Structured Notes

DTCC has announced the launch of Rapid Issuance, a new service to simplify and accelerate the process of bringing structured notes to market.

The offering is delivered through the Depository Trust Company (DTC), DTCC’s subsidiary, and is integrated within DTC’s Underwriting Central platform. Rapid Issuance automates the full issuance creation workflow, helping firms handle structured note issuance with greater speed and improved data handling.

The service has been built to support the bulk eligibility of equity-linked structured notes. By streamlining processes that were previously more manual, it shortens processing times and reduces operational complexity. Issuers using the system can complete closings within an hour of submitting securities, allowing faster access to capital markets.

DTCC Announces Launch of Rapid Issuance for Structured Notes

Rapid Issuance also incorporates an expanded data model designed to improve the accuracy of Corporate Actions announcements. This supports smoother downstream processes, including dividend payments, principal and interest distributions, and tax reporting. The improvements are intended to reduce operational friction as structured products activity continues to expand.

Also, Patrick Barthel, Executive Director at DTCC Asset Services, said early adopters are already benefiting from the automated workflows and faster processing capabilities. He added that the organization plans to onboard additional firms seeking more efficient market access while lowering operational risk.

Industry participants have also responded to the development. Karen Montbach, Executive Platform Owner – Conventional Trust at BNY, noted that evolving issuance models require supporting infrastructure to keep pace. She highlighted that the service helps streamline eligibility processes and enhances data consistency for clients accessing debt programs.

Moreover, Brian Miller, Director of Global Banking New Issues at UBS, pointed to the flexibility offered by establishing DTC eligibility ahead of issuance and executing bulk transactions on settlement day.

DTCC said the launch reflects its continued focus on digitizing core processes and improving transparency across capital markets infrastructure.

For more broker reviews, visit Broker Reviews.