

Depository Trust & Clearing Corp., labeled by regulators as a systemically important financial market utility, processes $1.5 quadrillion worth of securities transactions a year. It is fixated on accuracy, efficiency, security, and risk mitigation in posttrade operations, yet it is hard to keep a conversation with president and chief executive officer Michael Bodson from veering into cloud computing, machine learning, or the distributed-ledger technology of the blockchain. The last was seen as an existential threat to clearinghouses like DTCC before Bodson began to have his say. In his letter in DTCC's 2016 annual report, the 59-year-old refuted "the overheated rhetoric that predicted our demise" and wrote "now many of the key blockchain players want to engage with us on initiatives." At the forefront of blockchain experimentation and deployment, New York–based, industry-owned DTCC has invested in Digital Asset Holdings (Bodson is a board member) and joined collaborative standards groups Hyperledger Project and Enterprise Ethereum Alliance. In an interview, he says, "We are strong believers that the distributed ledger will play an important role in the financial industry in the future."
![]() 2. Catherine Bessant Bank of America Corp. ![]() 3. Robert Goldstein BlackRock ![]() 4. Jeffrey Sprecher Intercontinental Exchange ![]() 5. Lance Uggla IHS Markit |
![]() 6. Shawn Edwards & Vlad Kliatchko Bloomberg ![]() 7. David Craig Thomson Reuters ![]() 8. Michael Spencer NEX Group ![]() 9. Don Callahan Citigroup ![]() 10. Elisha Wiesel Goldman Sachs Group |
![]() 11. Michael Bodson Depository Trust & Clearing Corp. ![]() 12. Terrence Duffy CME Group ![]() 13. Charles Li Hong Kong Exchanges and Clearing ![]() 14. Sean Belka Fidelity Investments ![]() 15. Chris Concannon CBOE Holdings |
![]() 16. Guy Chiarello First Data Corp. ![]() 17. Steven Lieblich Citadel ![]() 18. David Rutter R3CEV ![]() 19. Blythe Masters Digital Asset Holdings ![]() 20. Alfred Spector Two Sigma Investments |
![]() 21. Neil Katz D.E. Shaw Group ![]() 22. Lee Olesky Tradeweb Markets ![]() 23. Richard McVey MarketAxess Holdings ![]() 24. David Gledhill DBS Bank ![]() 25. Seth Merrin Liquidnet Holdings |
![]() 26. Antoine Shagoury State Street Corp. ![]() 27. Peter Brown & Robert Mercer Renaissance Technologies ![]() 28. Lou Eccleston TMX Group ![]() 29. Peter Cherecwich Northern Trust Corp. ![]() 30. Mike Chinn S&P Global Market Intelligence |
![]() 31. Chris Corrado London Stock Exchange Group ![]() 32. Neal Pawar AQR Capital Management ![]() 33. Gary Norcross Fidelity National Information Services ![]() 34. Steven O'Hanlon Numerix ![]() 35. Sebastián Ceria Axioma |
![]() 36. Brian Conlon First Derivatives and Kx Systems ![]() 37. Tyler Kim MaplesFS ![]() 38. Michael Cooper BT Radianz ![]() 39. Robert Schifellite Broadridge Financial Solutions ![]() 40. Jim Minnick eVestment |