'Breaking new ground'

What attracted me to EuroCCP was the idea that we are going to play a significant role in shaping the future and the industry,” said Diana Chan, CEO of EuroCCP, in a CEO profile titled “Breaking new ground” published in the current issue of Investor Services Journal. EuroCCP is DTCC’s European subsidiary, created to provide clearing and settlement services in Europe.

Chan, who was named CEO of EuroCCP in November 2007, also said, “We are going to introduce high-quality, low-cost and secure clearance to Europe that is also volume resilient. Even though we are a start-up, we are leveraging 30 years of DTCC’s experience in bringing efficiency and certainty to financial markets….As a market infrastructure, we need to be robust and perfectly reliable. As a start-up, we need to be entrepreneurial and deliver a better, more cost-effective version of what users want.” @