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Brett Paulson Appointed EVP, CIO Of Clearing Corporation.


Business Editors

CHICAGO--(BUSINESS WIRE)--Dec. 16, 2002

Dennis A. Dutterer, President and Chief Executive Officer of the Board of Trade Clearing Corporation, today announced the promotion of Brett F. Paulson to Executive Vice President and Chief Information Officer, the Clearing Corporation's No. 2 management position.

The Clearing Corporation, an independent corporation owned by clearing member firms which trade on the Chicago Board of Trade Chicago Board of Trade (CBOT)

The second largest futures exchange in the US, and a pioneer in the development of financial futures and options.
 (CBOT See Chicago Board of Trade.

CBOT

See Chicago Board of Trade (CBOT).
(R)), processes and clears transactions for the CBOT as well as a growing number of electronic and over-the-counter marketplaces.

"The Clearing Corporation continues to serve the CBOT and embraces new markets and technologies, through it's subsidiary, Guaranty Clearing Corporation. Brett Paulson has played a key role in matching our information infrastructure to these business priorities," Dutterer said. "We value Brett's leadership role in our organization and are delighted to recognize that with his promotion."

Paulson, who had been serving as Senior Vice President and Chief Information Officer, joined the Clearing Corporation's Information Technology Department in May 1995 as the Director of Business Application Development and Database Administration.

Previously, he was a Vice President, Fixed Income Trading Technology at CS First Boston in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 from January 1994 to May 1995. From April 1990 to January 1994, he was a Director, Global Markets Technology for Continental Bank (and later ISSC ISSC International Ship Security Certificate
ISSC Interstate Shellfish Sanitation Conference
ISSC International Social Sciences Council
ISSC Integrated Systems Solutions Corporation
ISSC Information Systems Steering Committee
ISSC Information Systems Sub-Committee
, a subsidiary of IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) ). From May 1977 to April 1990, Mr. Paulson held positions of increasing responsibility in Information Technology at International Harvester Company and at Harris Trust and Savings Bank, a subsidiary of the Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad.
Bank of Montreal/Banque de MontrĂ©al (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I).
, located in Chicago. He is an active member of the Futures Industry Association The Futures Industry Association (FIA) is a trade association in the United States composed of futures commission merchants. A futures commission merchant is analogous to a broker; they are entities that accept orders and payment for commodity futures for execution on a futures , serving on technology-related committees.

Mr. Paulson holds an MBA degree with a Finance emphasis from DePaul University and a Bachelor of Arts degree in Mathematics and Computer Science from Lewis University.

About the Clearing Corporation

The Board of Trade Clearing Corporation, a Delaware corporation now in its 78th year of business, maintains a Standard & Poor's AAA AAA: see American Automobile Association.


(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied.
 rating and approximately $200 million in capital. The company is owned by its clearing member stockholders and is the only active independent futures clearinghouse in the world. Additional information on the Clearing Corporation is available at www.clearingcorporation.com.
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Publication:Business Wire
Date:Dec 16, 2002
Words:362
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