DTCC Strengthens Technology Organization

Robert Garrison became DTCC’s chief information officer (CIO) on July 8. He joined the organization in October 2010 as a managing director and chief development officer of its Information Technology division.

In his new position, Garrison will have enterprise-wide responsibility for the ongoing development and testing of all the technology that supports DTCC’s posttrade infrastructure. This includes multiple data centers; communications networks; processing and messaging systems (which receive and respond to more than 2.4 billion messages each day); the IT applications underlying DTCC’s broad range of products and services; business continuity and information security.

This infrastructure protects the certainty and reliability of DTCC’s post-trade processing capacity which, in just one of DTCC’s business functions, has handled close to 315 million transactions on a peak day and is capable of processing 850 million transactions a day.

Adam Wysota, an information technology veteran with more than 20 years of experience in the field, joined DTCC in July as managing director and chief technology officer.

In this position, Wysota will be responsible for the strategic direction and oversight of DTCC’s critical information technology infrastructure and for driving DTCC’s riskmitigation initiatives within its technology area. His role will also cover the review and approval of new technology upgrades, as well as the maintenance of DTCC’s systems to ensure their continued safety and reliability.

Wysota will report to Robert Garrison, DTCC managing director and chief information officer.