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diversity & inclusion

Our mission is to fully integrate Diversity & Inclusion into all aspects of our workplace by fostering an environment where every employee is valued, respected and feels welcomed in our community.

recruitment

100%of Hiring Goal for Diversity Recruitment

In 2015, we achieved our hiring goal tied to participation in the National Black MBA Association Conference & Exposition and the ALPFA (Association of Latino Professionals For America) Convention. These conferences are two of the largest professional development and recruitment events in the U.S., attracting 7,800 and 3,000 attendees, respectively. A comprehensive social media campaign helped to pave the way, with a single LinkedIn post receiving almost 22,000 impressions.

Co-sponsorship at Conferences and Career Fairs

We increased our visibility at diversity recruiting conferences and career fairs. At the 2015 ALPFA Convention, Michael Bodson, President and CEO, and Anthony Portannese, Managing Director, Human Resources, participated in a panel discussion with the Chief Diversity Officers and Chief Executive Officers at leading companies, such as State Street, New York Life and PricewaterhouseCoopers.

DTCC also joined dozens of major employers in New York, including Goldman Sachs, Microsoft and BNY Mellon, in sponsoring and participating in The LGBT Community Center Career Fair.

women represent 40% of new hires in chennai

In 2013, women represented only 5% of the DTCC Chennai workforce. Since then, our targeted recruitment efforts have resulted in a 40% new hire rate for women. At the close of 2015, women represented 25% of the total employee population in Chennai.

supporting veterans in the workforce

DTCC supports veterans through its membership with Veterans on Wall Street (VOWS), an initiative dedicated to honoring former and current military personnel by facilitating career and business opportunities in the financial services industry. DTCC is also a part of the Veteran Jobs Mission (previously known as the 100,000 Jobs Mission), a coalition of companies that have upped their commitment to hiring a total of 1 million U.S. veterans.

STRATEGY & THOUGHT LEADERSHIP

sponsored black women: ready to lead research report

In 2015, DTCC sponsored the “Black Women Ready to Lead” research, which highlighted the highly-capable, well-prepared and ready pool of talent that is significantly underutilized in the corporate arena. The report explored black women’s pursuit of powerful jobs within the U.S. corporations and provided eye-opening insight around ambition, vision, barriers, and solutions to bridging the gaps. As part of the launch campaign, DTCC co-sponsored a roundtable and workshop during the 2015 National Black MBA Association (NBMBAA) Conference. Presentations and focus groups were also conducted with employees to identify and address specific barriers relevant to the report’s findings.

sifma diversity rountable in washington, d.c.

Michael Bodson, President and CEO, joined business leaders and members of Congress on Capitol Hill to participate in a diversity roundtable sponsored by the Securities Industry and Financial Markets Association (SIFMA). The meeting focused on addressing ongoing diversity issues, including gaps in STEM education in diverse communities.

training

800Managers Have Completed Diversity Training

DTCC’s Global Diversity and Inclusion Council identified education around the topic of diversity as a key priority for the organization. In 2014, we launched the Inclusive Leadership Training course in our U.S. offices, to help build awareness around unconscious biases. The training also provides tools for counteracting inherent bias with effective leadership behaviors that help shape a culture of inclusion. In 2015, the program was expanded to train employees in Chennai, London and Manila. Close to 800 employees have participated in the training, representing approximately 65% of our manager population.

EXTERNAL RECOGNITION AND ADVOCACY

100% Rating on the Corporate Equality Index

For the fourth consecutive year, DTCC achieved a perfect score on the Corporate Equality Index. This national benchmarking survey by the Human Rights Campaign (HRC) evaluates organizations on corporate policies and practices related to LGBT workplace equality. As a result of our 100% rating, DTCC was named a “Best Place to Work” for LGBT employees by the HRC.

Signed-on to the Florida Competitive workforce act

DTCC joined other local employers in supporting the Florida Competitive Workplace Act, which is designed to make Florida more competitive in the national and global marketplace through the adoption of LGBT non-discrimination policies. This Act aligns state law with polices already in place at many Fortune 500 companies.

EMPLOYEE DEVELOPMENT AND ENGAGEMENT

30% of EmployeeS Participate in Employee Networks

DTCC’s seven employee networks provide an effective way to unite employees around a common dimension of diversity, along with allies who support the networks’ mission. Originally organized at our U.S. locations, these employee-led groups have expanded to engage employees in Chennai, London, Manila and Wrexham. The networks are a key source for building a culture of inclusion and provide professional development and leadership opportunities for employees. At the close of 2015, 30% of global employees have joined a network, with countless others participating in network events.

87%Mobility for Participants in the Emerging Talent Program for Women

The Emerging Talent Program for Women targeted women in DTCC’s Global Operations and Client Services and Information Technology departments. The program provides participants with structured learning and business experiences that support their individual development. A key component of the program that contributes to its success – and to each participant’s career growth – is the opportunity to interact with senior leadership. As a result, 87% of participants expanded the scope of their current responsibilities or moved into new roles as a direct result of the program.