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DTCC Automates Additional Fee Payments for Mutual Funds and Intermediaries Through DTCC Payment aXis® Service

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New York, January 13, 2015 – The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced today enhancements to its DTCC Payment aXis® mutual funds service that will automate the processing and net settlement of third-party negotiated fees including Sub-Accounting, Retirement/Bank Trust and Networking Service Fees.


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