Thought Leadership
Speeches & Presentations
Thought Leadership Speeches & Presentations
The Public-Private Partnership and Supply Chain Resilience
The assaults on the nation’s cyber infrastructure have escalated, with exponential increases in both the sophistication of the attacks and the threats they pose to our industry and our nation. As we all know, the malefactors have long since gone beyond the “I’m-smarter-than-you” kids who crash computers and delete files.
Keynote address, FS-ISAC Spring Member Meeting, May 5, 2009
Managing Risk in a Challenging Environment
There are issues we’re all working on in our own firms: reducing cost, managing risk, and addressing regulatory and political pressure for industry improvements, and doing all of these in what continues to be a very challenging environment. How are these issues affecting DTCC, and, as we cope with them, what will that mean to you?
Keynote address, SIFMA Annual Operations Conference, April 27, 2009
Re-Regulation and Change: Managing Ahead of the Curve
Everyone acknowledges that our industry is undergoing dramatic change. The rapid meltdown of the U.S. economy and the turmoil on Wall Street are only the local expressions of issues that have the entire world in their grip. These economic convulsions have raised many important issues for public debate, including the nature and extent of gaps in the oversight of our industry-both in regulation and enforcement.
ISITC 15th Annual Industry Forum, Boston, March 23, 2009
DTCC: Our Role in the Events of 2008
Our structure at DTCC is rather unique. We operate on a user-owned model, which means that if you use our services, you are a part owner. Revenues, in excess of cost, are rebated back to our members on a pro-rata basis. So, as volumes increase, our actual per-transaction costs are reduced.
NICSA East Coast Conference, January 15, 2009
Global Market Structure Conference
How will the recent government intervention, forced mergers and the proposed increase in financial regulation impact the global market structure?
Keynote Address, Global Market Structure Conference, Securities Operations Forum, New York, NY Dec. 2, 2008
Delivering Certainty, Creating Possibilities and Managing Risk
This has been the year of the financial storm. A lot of people are calling it the perfect storm – a tsunami that has thundered through the financial markets and financial institutions across the globe. The result is a much-battered and radically different financial landscape than we had even three months ago.
"Navigating the Changing Competitive Landscape of Financial Services," Executive Forum, October 29, 2008
DTCC Comment Letter on Treasury Blueprint Proposals
The Depository Trust & Clearing Corporation (DTCC) applauds the Department of Treasury's efforts to improve the U.S. Regulatory structure relating to financial market participants as reflected in the proposals contained in the Blueprint for a Modernized Financial Regulatory Structure.
Letter to The Honorable Henry M. Paulson, Jr., Secretary of the Treasury, Department of the Treasury
Leveraging Six Sigma at DTCC to Drive a Customer-Centric Organization
I'd like to tell you about how we're using Six Sigma at DTCC and share some insights as to how this methodology and metrics are enabling us to pursue business process excellence.
WCBF 4th Annual Conference - Six Sigma in Financial Services New York, May 10, 2007
DTCC: A Look Ahead
I am delighted to have the opportunity to be speaking to the SIFMA Operations Conference about the world ahead, particularly in a year of such profound change. I'm not sure whether these changes are evolutionary or revolutionary. But, as Darwin tells us, even evolutionary changes can be life-threatening if you're unable to cope with them.
Keynote Address, 34th Annual SIFMA Operations Conference, Kissimmee, FL, April 30, 2007
How Technology is Changing Securities Processing
From the time we automated the very first manual process in the financial services industry --whenever that was in the 20th Century -- technology has changed and continues to change the way we process securities.
Annual Technology for Securities Operations Conference, April 18, 2007