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Company Profile for Depository Trust & Clearing Corp.


The Depository The place where a deposit is placed and kept, e.g., a bank, savings and loan institution, credit union, or trust company. A place where something is deposited or stored as for safekeeping or convenience, e.g., a safety deposit box.  Trust & Clearing Corporation (DTCC DTCC

See: Depository Trust and Clearing Corporation
), through its subsidiaries, provides clearance, settlement and information services See Information Systems.  for equities, corporate and municipal bonds, government and mortgage-backed securities Mortgage-backed securities (MSBs)

Securities backed by a pool of mortgage loans.
 and over-the-counter derivatives derivatives

In finance, contracts whose value is derived from another asset, which can include stocks, bonds, currencies, interest rates, commodities, and related indexes. Purchasers of derivatives are essentially wagering on the future performance of that asset.
. DTCC's depository also provides custody and asset servicing for more than two million securities issues from the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and 100 other countries and territories. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks. DTCC has operating facilities in multiple locations in the United States and overseas.
Company:                             Depository Trust & Clearing Corp.

Headquarters Address:                55 Water Street
                                     New York, New York 10042

Main Telephone:                      212-855-1000

Website:                             www.dtcc.com

Type of Organization:                Private

Industry:                            Professional Services: Finance

Key Executives:                      CEO: Jill Considine
                                     COO: Donald Donahue
                                     CFO: Ellen Levine

Public Relations
Contact:                             Stuart Goldstein
Phone:                               212-855-5470
Email:                               sgoldstein@dtcc.com

Customer Service
Contact:                             Anthony Alizzi
Phone:                               516-227-4660
Email:                               aalizzi@dtcc.com

Account Executives
Contact:                             Warren Eastman
Phone:                               212-855-5663
Email:                               weastman@dtcc.com

COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 19, 2004
Words:161
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