24 August 2016
Find out more

DTCC creates new chief data officer role

02 February 2011  |  9614 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)

Finextra news in your inbox

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

Related stories

Technology spending cuts could see CFTC run out of data storage - O'Malia

Technology spending cuts could see CFTC run out of data storage - O'Malia

26 January 2011  |  8304 views  |  0 comments
Watchdogs warn on risk data deficiencies

Watchdogs warn on risk data deficiencies

05 January 2011  |  7945 views  |  0 comments
Financial industry loosens purse strings for data management projects

Financial industry loosens purse strings for data management projects

16 September 2010  |  9814 views  |  0 comments
Futures body takes on CFTC over data gathering proposals

Futures body takes on CFTC over data gathering proposals

02 September 2010  |  6336 views  |  0 comments
Financial services firms warned on data backup practices

Financial services firms warned on data backup practices

09 August 2010  |  6876 views  |  0 comments
Risk management salaries rebound as data and IT concerns persist

Risk management salaries rebound as data and IT concerns persist

20 July 2010  |  10164 views  |  0 comments
Financial crisis spurs complex data analytics uptake - survey

Financial crisis spurs complex data analytics uptake - survey

03 June 2010  |  7421 views  |  0 comments
DTCC provides regulators greater access to CDS data

DTCC provides regulators greater access to CDS data

24 March 2010  |  9036 views  |  0 comments
UK asset managers lack confidence in reference data quality - survey

UK asset managers lack confidence in reference data quality - survey

28 January 2010  |  6706 views  |  0 comments
DTCC names Anne Noonan MD and chief systemic risk officer

DTCC names Anne Noonan MD and chief systemic risk officer

09 November 2009  |  6104 views  |  0 comments
DTCC calls on lawmakers to mandate use of central trade reporting utility

DTCC calls on lawmakers to mandate use of central trade reporting utility

09 October 2009  |  6448 views  |  0 comments
DTCC names Lehman veteran Bridget O'Connor CTO

DTCC names Lehman veteran Bridget O'Connor CTO

01 September 2009  |  7187 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.abe-eba.euVisit VocaLink.comVisit capgemini.com

Top topics

Most viewed Most shared
hands typing furiouslyBlockchain: what to expect for 2017?
6635 views 0 | 48 tweets | 41 linkedin
Global fintech funding hits plateauGlobal fintech funding hits plateau
6233 views comments | 22 tweets | 21 linkedin
Teenager avoids conviction for CommBank DDoS attackTeenager avoids conviction for CommBank DD...
5791 views comments | 2 tweets | 3 linkedin
hands typing furiouslyBig Data's Three Big Trends in 2016
5598 views 0 | 20 tweets | 10 linkedin

Featured job

Find your next job