Jul 02, 2011
• DTCC Connection
Safe, Secure, Setting New Standards: A Report to the Industry on Business Continuity Planning
Executive Summary
Since the events of September 11, 2001, the need to protect the global financial system has
brought heightened attention to business continuity planning, both in the United States and in
markets worldwide. The need is particularly acute for The Depository Trust & Clearing
Corporation (DTCC), the largest post-trade financial services infrastructure company in the
world. Safeguarding DTCC’s ability to support its critical clearing, settlement and asset
servicing roles, as well as the highly specialized knowledge of its employees, is acknowledged
by the industry and regulators alike to be essential to sustaining the safety and soundness of U.S.
financial markets.
Contingency and continuity planning goes back many years at DTCC. Over the past several
years, however, DTCC has moved aggressively—as have other companies in the industry—to
upgrade its continuity plans and expand its resources in order to strengthen the resiliency of its
business operations against the possibility of wide-scale disruption. DTCC continues to be a
leader in the securities industry in the efficiency and effectiveness of its business continuity
planning and facilities. DTCC’s own resiliency, however, is only part of the story. The
resiliency of DTCC’s industry partners and participants, and of key infrastructures on which all
of us rely, is equally important to assuring the ability of the financial markets to continue in the
face of extreme events. Recognizing this, we believe it is important to share DTCC’s experience
and the practical knowledge it has gained to encourage wider and more informed discussion and
focus on business continuity planning throughout the industry.
Download the White Paper: Safe, Secure, Setting New Standards: A Report to the Industry on Business Continuity Planning