Finance

The Finance Department at DTCC is organized into four main areas of expertise, that as a group are responsible for maintaining accurate books and records, ensure compliance with various regulatory agencies including the SEC and the Federal Reserve.

• Financial Operations - is responsible for Payroll, Accounts Payable, Billing, Accounts Receivables and Collections.
• Financial Reporting - is responsible for all financial reporting of DTCC and subsidiaries on a consolidated basis, as well as the stand alone financial statements of the various legal entities in the DTCC complex.
• Financial Planning & Analysis - is responsible for Product P&L, Departmental Expense Reporting processes and Corporate MIS.
• Treasurers and Participant & Clearing Funds - Treasurers handles the daily investments of all available funds, monitors cash flow, arranges finances for end day settlement failures and other capital and liquidity needs, funds disbursements, and prepares periodic summarizing investments results. P&CF is responsible for safeguarding clearing fund assets held on deposit for each participant who is a member of DTC, NSCC and the GSD and MBSD divisions of FICC.

Auditing

The Internal Audit Department is responsible for maintaining and improving the system of internal control to ensure the safety and soundness of DTCC, while ensuring compliance with legal and regulatory requirements.

Risk Management

Risk Management protects the safety and soundness of the markets in the areas of clearance and settlement. This is accomplished by our talented teams in Credit and Market Risk, Quantitative Analysis and Securities Valuation.