ADVANCING FINANCIAL MARKETS. TOGETHER.

TMDTCCCONSULTINGSERVICESOUR EXPERTISE. YOUR ORGANIZATION.

The industry faces an unprecedented degree of regulatory, financial
and operational challenges in 2020 and beyond. This is driving firms toexamine their infrastructure and identify changes necessary to improve
efficiencies, optimize their operations and drive down costs — all at atime when regulatory demands have never been greater.

YOUR POST-TRADE
BUSINESS EXPERTS
As the world’s leading expert in post-trade processing, DTCC is uniquely positioned to provide you with
consulting services that tap into the breadth and depth of our experience to help you transform your post-tradebusiness operations, increase efficiencies, reduce risks and drive down costs. For over 45 years, our clients havetrusted us to solve the biggest issues facing the global financial services industry. This unique vantage point hasenabled us to develop techniques and tools that can help drive innovation and transformation. DTCC Consulting
Services offers a framework that not only is adaptable to a variety of project environments, but centers on
capabilities that deliver the most value to our clients.

SERVICESCATALYST / DRIVER

ENGAGEMENT MODELSREGULATORY CHANGEADVISORY & BEST PRACTICEPERFORMANCE IMPROVEMENTEXPERIENCED CAPACITYINFRASTRUCTURE ENHANCEMENTSDIAGNOSTICSACCOUNTABLE TEAMDESIGNIMPLEMENTATIONPROJECT
MANAGEMENTINTEGRATIONMENU OF SERVICES
Working in partnership with our product, client services and relationship management teams, our consultants provide anintegrated set of services that aims to add value at every stage of your project life cycle. We operate with an adaptableengagement model to suit your environment, offering either (i) expert capacity for analysis or project management tasks:or (ii) accountable, self-contained project teams to manage an initiative holistically.
Our consulting framework covers initial diagnostics through to the design, implementation and project management
stages. We will collaborate with you through the process each step of the way — from start to finish. We will seek tounderstand your objectives, articulate a solution and help you grow. We are confident you’ll see meaningful results.
We can assist with analysis,root-cause investigation andremediation proposals to help
assess and address potential
processing inefficiencies related
to DTCC products and services• Data quality assessment

Assistance with analysis,definition and organizationalignment on operating models
and technical architecture forpost-trade technology andoperations• Regulatory change
impact assessment• Test strategy and execution

IMPLEMENTATION

Planning, testing andcoordination of activity related
to the implementation ofsolutions using DTCC products
and services• Central project
management office

PROJECT
MANAGEMENT

Disciplined project
management to oversee
initiatives related to DTCC
products and services by teams
with deep experience in thesubject matterLet us support you throughyour onboarding andintegration journey• Project planning

DIAGNOSTICSDESIGNOUR
APPROACH
Depending on the catalyst for change, we

environment and needs. From there we

design and deliver a detailed road map to

perform diagnostics, create a model design,

help clients achieve their objectives. Our

identify operational benchmarks and deliver anadaptable engagement model enables us toexecutable strategy. We then deploy

provide a suite of services to help address yoursubject-matter experts with the relevant

specific objectives and your desired projectindustry knowledge and expertiseenvironment.

throughout the entire process.

Common drivers for change include regulatory

Our consulting services build upon the sharedchanges, infrastructure enhancement, business

infrastructure and knowledge base establishedprocess changes, audit failure, regulatory fines

within our experienced integration teams,and others.

expanding our capability to provide highquality, high-value services for our clients.

How do we do this? We first and foremost
get to intimately know and understand yourINTEGRATION• Data integrity androot-cause analysis• Performance scorecards• Solution assessment
and planning• Operating model design• Implementation planning• Control frameworks
and documentation• Program assurance• Collaborative requirements
identification• Interactive training

BENEFITS OF WORKING WITHOUR TEAM OF EXPERTS
Our team of consultants bring decades ofecosystems, our experts are skilled atfinancial markets and consulting know-how

fostering industry collaboration, and haveto the table. Collectively, our key consulting

partnered on initiatives that include risk

leaders have over 50 years of experienceand cost reduction, market efficiency,

advising a broad scope of market participants,

strategic concepts and solutions.

including banks, buy-side firms, financial
market infrastructures, technology vendors

And, no one knows DTCC’s solutions

and industry bodies. Their deep expertise runs

better than we do. Recognized for ouracross various product sectors, regulatory

contributions in leading industry changereporting regimes and market environments,

and building market solutions, DTCC canoffering in-depth knowledge of the various

provide impactful front-to-back consulting,needs and opportunities. Driving some of theleveraging our industry relationships andmost transformative marketwide programs

ability to offer a seamless and positive

across the post-trade derivatives and securities

client experience.

PRODUCT EXPERTISE
DEEP KNOWLEDGE

No one knows ourproducts and processes
better than we do

Deep knowledge offinancial markets,regulatory regimes andcutting-edge technologies

Augment specialized
staff with expert
tools and techniques

INDUSTRY EXPERTISE

GLOBAL NETWORKExtensive level ofexpertise, client service
and industry knowledge

Expansive globalnetwork ofindustry partners

ADAPTIVE
Adaptive engagement
model depending on yourcapacity and needs

AUGMENT STAFF

OPTIMIZE VALUE
Trusted because our expert
tools, techniques and processes
have driven value for both theindustry and our clients

EXAMPLE USE CASES
TRADE AND TRANSACTION REPORTING

Regulatory Readiness (Securities Financing Transactions Regulation (SFTR),
Brexit, Commodity Futures Trading Commission (CFTC), Securities and Exchange
Commission (SEC), European Market Infrastructure Regulation (EMIR) and others)

Our clients face an array of new and changing regulatory requirements in the comingyears including new SFTR and SEC requirements and foundational changes to existing
CFTC and EMIR standards. Our teams of experienced consultants can help identify
areas of improvement by performing impact analysis and providing feedback on newprocesses, systems and controls to meet changing standards based on informed industry
observations and our understanding of best practices.
TRADE AND TRANSACTION REPORTING

Identify Improvement Opportunities by Benchmarking Against Peers and Accepted Best Practices

REPOSITORY &DERIVATIVESSERVICES(RDS)One of the hardest challenges for our clients can be identifying and prioritizing
enhancements to existing reporting infrastructure, processes and/or controls. Our
teams work closely with clients and any appropriate third parties to conduct meaningful
diagnostics and analysis to help identify key risks and inefficiencies and to work
collaboratively to assist in defining ways to remediate and/or improve operations
leveraging both established and innovative techniques.
STRAIGHT-THROUGH-PROCESSING AND RESILIENCE
Recent market events have served to underline the importance of establishing effective
business operating models that are capable of scaling seamlessly to respond to market
volume ‘spikes’ and increasing client and regulatory demands for real-time information.
DTCC is known, within financial markets, with efforts to increase automation andresilience. Through our Consulting Services team we can utilize these skills andexperience to help our clients manage costs, increase efficiencies and reduce risks
leveraging established techniques, methods and operational benchmarks. For manyclients this will require a simplification of systems, processes and data models that
have, in many instances, become increasingly complex and interconnected as a result offundamental changes to the regulatory landscape, coupled with ongoing short-termcost-reduction initiatives.
CSDR

Regulatory Readiness

The Central Securities Depositories Regulation (CSDR) rules have had a major impact
on the way in which financial markets and market participants behave. With the latest
changes relating to the Settlement Discipline Regime (SDR) on the horizon, our team ofexperienced consultants are able to work with our clients to perform detailed impact
analysis and process reviews to help clients to design and implement robust solutions
that aim to ensure they are ready to adhere to new operating standards.

INSTITUTIONAL
TRADE
PROCESSING(ITP)

POST-TRADE PROCESSING

Identify Improvement Opportunities by Benchmarking Against Peers and Better Business Practices

The changing market landscape for post-trade processing has required organizations
to make fundamental changes to the way in which they process trades and manage
data. Our teams of experienced consultants are able to help identify where risks and/or
inefficiencies lie across the trade lifecycle from matching and confirmation to margin andsettlement. Our consultants can help create effective solutions to underlying issues andhelp deliver meaningful improvements.

Visit www.dtcc.com/consultingservices

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See www.dtcc.com for a detailed description of DTCC, its affiliates and the services they offer.