Depository Trust & Clearing Corporation Managing Paper for The Financial Services Industry

Depository Trust & Clearing Corporation

• Managing Paper for The Financial Services Industry

Subsidiaries

Settlement of Broker-to-Broker Trade

Operations Risk Management Unit (ORM)

• Risk and Control Self-Assessment

• common framework
• common language

• Database of “Risk Events”

• actual losses
• near misses
• opportunity costs

• Key Risk Indicators Established

• Reporting and Review Schedule

“Risk Universe”

• People & Culture

• Key Person
• Internal Theft
• Fraud

• Execution, Delivery & Process Management

• Data Input
• Customer Service
• Financial Controls
• Financial Reporting
• Legal/Regulatory
• Information Management