On Nov. 15, NSCC issued modified Saturday submission deadline.
NSCC issued Modified mutual funds saturday processing schedule in production region.
Modifies inbound data submissions to an earlier cutoff deadline to increase security.
Modified Schedule
Existing cutoff time to submit files to DTCC is is between 12pm and 1pm EST on saturdays, the modified schedule has an earlier cutoff between 1am and 5am EST.
Modified schedule will provide DTCC with the expanded window for comprehensive disaster recovery exercises enhance security and streamline the recovery capabilities.
Allow for more frequent business continuity and disaster recovery exercises without the need for scheduling adjustments, thus mitigating the risks of manual interventions.
This modified schedule will become effective for all areas beginning on Jan. 11, 2025.