The Depository Trust & Clearing Corporation (DTCC) has named Caroline O´Shaughnessy to the new post of vice president, Global Sales for Asset Services.
In this position, O´Shaughnessy will manage a global sales team to market and sell a wide variety of asset services products to both the buy– and sell–sides of the financial services industry. She will also help determine customer needs across DTCC´s multiple operating subsidiaries to identify opportunities to cross–sell products and services. O´Shaughnessy, who will be based in London, will report to Patrick Kirby, DTCC managing director, Asset Services, who is based in New York.
O´Shaughnessy comes to DTCC from Reuters Enterprise Information, a division that provides market data products for pricing, reference and corporate actions, where she developed and managed a business team to create new alliance partnerships with a broad range of software and redistribution vendors.
Prior to Reuters, she worked at Telekurs Financial Ltd., where she managed all aspects of vendor and alliance management, and at Interactive Data Corporation, where she began as a business development manager and rose to regional sales director for Europe.
"Caroline brings a wealth of sales management experience to this position. She has made major contributions to all the organizations she worked for, surpassing revenue targets, helping establish global alliances and partnerships, and building successful sales teams to market and sell a broad range of software and data services," said Kirby.
"At DTCC, Caroline´s experience will help promote many of our services including our Global Corporate Actions (GCA) Validation Service and AccuBasis," Kirby added.
GCA is a seamless corporate action announcement solution that delivers comprehensive, accurate and timely information for equities and fixed income instruments traded in Europe, Asia–Pacific and the Americas. AccuBasis is a Web–based service that delivers cost–basis information quickly, accurately and efficiently for a broad variety of financial services firms and their customers in the United States.
O´Shaughnessy holds a degree from the University of Birmingham.
About DTCC
DTCC, through its subsidiaries, provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage–backed securities, money market instruments and over–the–counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with financial firms and third parties who market these products. DTCC´s depository provides custody and asset servicing for more than 3.5 million securities issues from the United States and 110 other countries and territories, valued at $40 trillion. Last year, DTCC settled more than $1.8 quadrillion in securities transactions. DTCC has operating facilities in multiple locations in the United States and overseas.