In this new position, he is reporting to James Kiernan, director and senior relationship manager.

Deliso will be responsible for handling relationships for a group of large fund companies and will also provide support to customers of DTCC's Managed Accounts Service and a proposed processing and settlement service for alternative investment products once that service is approved by the Securities and Exchange Commission and is launched.

"The combination of his product and client-relations experience makes Nick an important addition to our team. His expertise will help us more quickly meet our goals to expand relationships with our current fund customers as well as the challenges of creating new technology solutions for our constituents," Kiernan said.

Prior to joining DTCC, Deliso worked for the Bank of New York's Broker/Dealer affiliate, BNY ConvergEx Group where in his last assignment he was responsible for expanding brokerage services to BNY's Corporate Trust and Private Wealth client base. At Bank of New York, he was a relationship manager responsible for the strategic management of mutual fund client relationships, and he played an integral role during the integration of Bank of America's and JP Morgan's custody businesses.

Earlier in his career, Deliso held positions with National Westminster Bank, where he co-managed the mutual funds' Custody Administration Group, and with Dean Witter Reynolds, where he served as a commodities margin analyst.

Deliso received a bachelor's degree in Economics and Business Administration and a master's degree in Management, Marketing, and Finance from Wagner College, Staten Island, NY. He also holds NASD series 7, 63 and 24 licenses.