New York/London/Hong Kong/Singapore/Sydney, December 10, 2019 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Alison Wolpert as Managing Director, Government Relations, effective immediately. Wolpert, who has led DTCC’s U.S. government relations function for more than 6 years and serves as Executive Director of the organization’s political action committee, succeeds Mark Wetjen, who is leaving the firm on January 3, 2020.
In her expanded role, Wolpert will have responsibility for leading DTCC’s global government relations strategy, focused on working collaboratively with government officials and industry organizations to share DTCC’s perspective on matters that impact the firm’s interests around the world. Wolpert reports to Ann Shuman, General Counsel.
“Ali has done an outstanding job as DTCC’s chief liaison with Capitol Hill, building strong relationships with Members of Congress and serving as an effective advocate for policies that protect the stability and integrity of the global financial system,” said Shuman. “Ali’s deep understanding of complex policy issues and her collaborative approach will enable her to address key legislative matters impacting market participants.”
“I am excited to broaden the work I’ve been leading in the U.S. to help shape discussions with regulators and lawmakers globally,” Wolpert said. “While the issues in the U.S., EMEA and APAC are unique, there are many areas of overlap where DTCC can serve as an important voice on policies, such as harmonizing trade reporting rules, cyber security standards and the use of fintech in post-trade processing. I look forward to advancing these important issues and in promoting policies that strengthen the safety and transparency of markets around the world.”
In Europe and Asia, Wolpert will partner with Andrew Douglas, Managing Director, Head of EMEA and APAC Government Relations at DTCC, on outreach to policymakers in the regions.
Bringing over 15 years of experience to this role, Wolpert most recently served as Executive Director and Head of US Legislative Relations & Political Engagement for DTCC, overseeing legislative and political outreach in Washington, D.C, including engagement with the United States Congress, regulators and financial services industry representatives. Prior to this, Wolpert was with APCO Worldwide’s Financial Services Government Relations practice and, before that, she worked for more than 7 years in Government Relations for CME Group.
With over 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting and information services across asset classes, bringing increased security and soundness to financial markets. In 2018, DTCC’s subsidiaries processed securities transactions valued at more than U.S. $1.85 quadrillion. Its depository provides custody and asset servicing for securities issues from 170 countries and territories valued at U.S. $52.2 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes over 14 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, Twitter, YouTube and Facebook.