DTCC Assigns Matthew Stauffer to Lead New institutional Trade Processing Business Line
- People Moves
- 02.06.2017 10:00 am
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Matthew Stauffer as Managing Director and head of Institutional Trade Processing, effective from June 30, 2017. In this role, Mr. Stauffer will be responsible for integrating DTCC’s middle office trade processing solutions, including the Omgeo suite of solutions, Trade Support Services (TSS) and the GMEI Utility, as well as leading new product development. He will report to Timothy Keady, Managing Director and Head of DTCC Solutions.
Mr. Stauffer previously served as CEO of Clarient Global, LLC, a partnership DTCC launched in 2014 with six founder banks to provide centralized services for all client data and documents needed to satisfy internal Know Your Customer (KYC) broader related regulatory requirements. DTCC sold the business to Thomson Reuters earlier this year. Prior to that, Mr. Stauffer was the Managing Director of Strategy & Business Development and has held senior roles within DTCC’s Operations, Technology and Product organizations and is a member of the firm’s Operating Committee. Before joining DTCC, Mr. Stauffer was a management consultant in Accenture’s Financial Services practice.
Mr. Keady said, “Matt has deep experience in middle office processing and a firm understanding of the challenges facing many firms today. His knowledge of the marketplace and client needs will enable him to bring new insights to product development and opportunities for integrating our products and services to drive greater efficiencies in trade processing.”
Mr. Stauffer said, “I am excited to take on this role as the industry continues to look to DTCC for greater support. DTCC’s decades of experience in reducing risk, driving efficiencies and protecting the marketplace positions us to play a larger role supporting our clients during this period of market transformation.”