Michael Bodson, the president and chief executive of the Depository Trust & Clearing Corporation, tells FN how the changing landscape of the post-trade market is leading to a fundamental shift in approaches to risk management.
Q&A with the DTCC’s Michael Bod- son: everything post-trade 'is up for discussion’ US-based post-trade services firm the DTCC is looking to lead the charge in creating a new paradigm for market infrastructure, as cost pressures bear down on the financial industry . The result is that institutions are becoming more comfortable with sharing their financial market infrastructures.
With a governance structure that includes around 345 shareholders from across the industry , Bodson believes the firm is in a strong position to capitalise on this trend.
Download the Congressional Testimony: Q&A with the DTCC’s Michael Bodson: everything post-trade 'is up for discussion