The Story of The Depository Trust & Clearing Corporation

A Bright Future

A s The Depository Trust & Clearing Corporation (DTCC) approached its 50th anniversary, it did so in a rapidly changing world. Born out of the paperwork crisis of the 1960s, DTCC has played a role in managing practically every disruption experienced by the financial industry since that time. The firm had endured recessions and stock market crashes. It had seen an increasingly global and interconnected financial marketplace, new types of currencies, new workforce issues and new threats to the stability of global financial markets. “The world is quickly changing,” said Jennifer Peve, managing director, global head of Strategy & Innovation. “At the end of the day what I feel really good about is that DTCC is in lockstep with not only having our finger on the pulse of what’s happening in the world around us, but also responding in kind.”

As the global financial industry continues to evolve, The Depository Trust & Clearing Corporation (DTCC) is committed to meeting the challenges of the future by fostering innovation, just as it has for the last 50 years. (Photo by Pete Linforth courtesy of Pixabay.)

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