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DTCC Names Raymond Disco Treasurer

Date 10/09/2013

The Depository Trust & Clearing Corporation (DTCC) today announced that it has named Raymond Disco as Managing Director and Treasurer. In this position, Mr. Disco is responsible for DTCC’s broadened Corporate Treasury function, which includes cash management, treasury operations and capital and liquidity planning, and funding. He will also manage DTCC’s key relationships with commercial and investment banks that support the firm’s credit facilities and funding globally, and with the rating agencies. He reports to Susan Tysk-Cosgrove, Chief Financial Officer.

A seasoned and highly regarded industry professional, Mr. Disco brings more than 25 years of finance and treasury expertise to DTCC. He spent nearly a decade of his career at Credit Suisse, most recently as Managing Director, Financial Planning and Analysis, for Investment Banking. In that role, he oversaw the division’s management information and finance reporting, annual budget process and long-term strategic business planning initiative, and development of financial performance metrics. Prior to that, he was Managing Director and Global Deputy Treasurer of Credit Suisse First Boston, responsible for corporate finance, liquidity management, cash management and creditor/rating agency/fixed income investor relations, managing teams in New York, London, Singapore, Tokyo and Sydney.

Prior to Credit Suisse, Mr. Disco was previously with Merrill Lynch for over a decade, serving in a variety of positions in the firm’s Treasury department. In his last role as head of Funding and Liquidity, he was responsible for global short- and long-term funding, hybrid equity financing, liquidity management and cash mobilization/funds transfer activities.

“Ray is an extremely well-respected and proven leader in his field,” said Ms. Cosgrove. “His in-depth knowledge of treasury and finance along with impressive analytical and managerial skills will be a great asset for DTCC as we continue to expand our global footprint and sharpen our focus on further strengthening our services as a leading infrastructure provider for the capital markets.”

“We are delighted to have Ray join our senior management team,” said Donna Milrod, DTCC Managing Director and Chief Administrative Officer. “His expertise, coupled with his leadership, will be of great value to our organization and clients as we all face new challenges brought on by the global re-regulation of financial markets. We are confident that Ray’s breadth of experience will be an asset to DTCC as we look to bolster our long-standing relationships with the commercial and investment banks that support DTCC’s credit facilities.”

Mr. Disco graduated from University of North Carolina at Chapel Hill with a Bachelor of Arts degree in Mathematics and earned his Master’s in Business Administration from the University of Chicago Booth.