Introduction
We are rapidly entering a period of transformational change in financial services, as policymakers and regulators fundamentally rewrite rules governing risk mitigation globally.
There are no clear navigational maps on this journey. Like those before us, we have essentially sailed to the end of the map - of the known world.
DTCC is moving with great focus and speed to reexamine and enhance our own internal risk controls, to work with customers and regulators to help control systemic risks and to see where our centralized infrastructure can provide data to effectively support regulators, while minimizing costs of regulatory compliance to our users.
This year, our Annual features some of the great explorers to remind us that throughout history, we have faced uncertainty. But trusting in our resolve to innovate, willingness to collaborate and our commitment to explore new destinations, we have endured to achieve amazing new discoveries.
About the cover
There Be Dragons (TBD) Medieval mapmakers would often write the initials "TBD" in the corners of maps they drew up for explorers. TBD stood for the expression, "There Be Dragons," which was the mapmakers' way of saying they had no idea what was out there at the edge of the known world, but it was unquestionably dangerous.
MISSION
We protect our clients and financial markets and systems as a whole. We leverage our scale and expertise to perfect a more robust, unified infrastructure and promote solutions that systematically reduce risks, amplify operating efficiency and minimize cost.
VISION
We are unwavering in our commitment to drive out risks and costs. To achieve this, we partner with clients to bring stability to the global financial markets and create efficiencies for an ever-expanding industry.