24 May 2015

DTCC creates new chief data officer role

02 February 2011  |  9114 views  |  0 ticker 1

New York's Depository Trust and Clearing Corporation has appointed Ronald Jordan, a 26-year Nyse Euronext veteran, to the new position of chief data officer, as it bids to become a central conduit between regulators and market participants on data management issues.

In a statement explaining the new position, the depository says it expects to play a key role in aggregating industry data for regulators so they can ensure transparency and help mitigate and manage systemic risk.

In his role as CDO, Jordan will be responsible for overseeing this activity in conjunction with the business line managers and will also focus on the needs of the US Treasury Department's new Office of Financial Research, created under the Dodd Frank Act. Jordan will report to Andrew Gray, managing director, core product strategy and management.

Says Gray: "One of the key things that DTCC is looking to do in the near future is take the huge amount of data that DTCC collects as part of its business and help make it useful to our customers to interpret and understand trends in the marketplace, as well as help reduce potential customer costs required by new regulations by serving as a centralised provider and conduit of data from the industry to regulators."

Jordan is joining DTCC after spending the past 26 years at Nyse Euronext, where he served most recently as executive vice president, global market data administration, managing a division of more than 50 people in five countries. His responsibilities included global market data administration for the Nyse, Arca, Amex, Euronext, Nyse Liffe and Nyse Liffe US markets.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

26 January, 2011
05 January, 2011
16 September, 2010
02 September, 2010
09 August, 2010
20 July, 2010
01 July, 2010
03 June, 2010
20 May, 2010
24 March, 2010
02 March, 2010
28 January, 2010
09 November, 2009
09 October, 2009
01 September, 2009
18 June, 2009

Related company news


Top topics

Most viewed Most shared
Cash overtaken by non-cash payments in the...
6708 views comments | 48 tweets | 31 linkedin
MasterCard launches personal payments serv...
5871 views comments | 15 tweets | 27 linkedin
UK opts out of European online payments se...
5748 views comments | 18 tweets | 15 linkedin
US banks bid to crack down on 'card cracki...
5527 views comments | 8 tweets | 10 linkedin
Metro Bank to offer consumer loans via Zop...
4692 views comments | 29 tweets | 20 linkedin

Featured job

Basic £90-110K OTE circa £200K NO CEILING
London based with substantial travel in Scandinavia

Find your next job