About a-team Marketing Services
The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

DTCC Names Ronald Jordan Chief Data Officer

Subscribe to our newsletter

The Depository Trust & Clearing Corporation (DTCC) has named Ronald Jordan, a 26-year industry veteran, to the new position of chief data officer, effective immediately.

As chief data officer, Jordan will be responsible for guiding DTCC’s strategy on matters related to DTCC’s commercial and regulatory data business activities. In the current re-regulatory environment, financial firms will be required to provide new levels of data to regulators so they can ensure transparency and help mitigate and manage systemic risk. Given DTCC’s unique position in the cash equity and fixed income markets, as well as the over-the-counter derivatives data DTCC keeps in its Trade Information Warehouse, DTCC expects to have a role to play in aggregating data for regulators to support their oversight of the industry and achieve this goal in a cost-effective manner for DTCC’s customers. Jordan will be responsible for overseeing this activity in conjunction with the business line managers to ensure coordination across the enterprise.

Jordan 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.

“We are delighted to have a person with Ron’s broad experience in developing data businesses join DTCC,” said 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 held a number of key roles. Most recently, he was 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. Prior to his service with NYSE Euronext, he held positions with the American Stock Exchange and the Philadelphia Stock Exchange.

Throughout his career, Jordan has been an active participant in various industry forums and associations where he has held leadership roles, including on the Executive Board of the Financial Information Services Division of the Securities & Industry Information Association (SIIA), the Executive Board of the Financial Information Forum and administrator of the Consolidated Tape Association.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Embracing cloud in your firm’s regulatory response

Regulatory compliance is a key function for financial institutions. It is also a huge burden in terms of time, data management, systems resources, manual intervention, and reporting. As financial firms progress digital transformation programmes, is it time to move regulatory reporting to the cloud with a view to improved efficiency, reduced costs and better business...

BLOG

Top 6 Use Cases for AI in RegTech

As artificial intelligence’s influence on regtech continues to grow, so does the importance of minimising algorithm bias and maximising data quality. The use of Artificial Intelligence (AI) and machine learning in RegTech is playing an increasingly important role and helping to reshape risk and regulatory compliance. It can offer many benefits and we outline the...

EVENT

Data Management Summit New York

Now in its 12th year, the Data Management Summit (DMS) in New York brings together the North American, capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...