Great culture, management, and financial posiiton
Pros
DTCC has consistently performed and flourished under current CEO and management committee. CEO is authentic, respected, and admired by the vast majority of staff. Financial position remains strong with capital markets volatility and DTCC has become increasingly relevant to help modernize and advance risk management and efficiency across a number of asset classes. Culture continues to improve and most people are collaborative, inclusive, and kind. Pay is competitive and management is focused on talent retention. Strong focus on D&I and any bad actors are not tolerated. Excellent representation of strong, intelligent, and capable women in senior ranks and management committee.
Cons
As an industry utility DTCC remains bureaucratic and heavy with risk controls and processes that can slow down progress. Governance and board committees are more cost focused than innovative. This goes with the territory when you are a heavily regulated entity and the foundation of the US market infrastructure for securities settlement and custody. Like all companies in the west, there a huge focus on D&I which is positive in many ways but can prioritize identity above any other competencies. By no means are they more superficial in this area than the financial services industry at large.