DTCC Training Program Meant to Broaden Understanding of Its Business

April 27, 2006 (PLANSPONSOR.com) - The Depository Trust & Clearing Corporation (DTCC) will offer a new DTCC operations certification program for its customers that meets industry needs for standardization of credentials among operations professionals.

The certification will first be offered in the asset services area, with the clearing and settlement program following in the fourth quarter of 2006.

“The DTCC Learning certification program dovetails with the industry’s push for the standardization of credentials among its operations professionals,” said Rosemary Kurtti, vice president, DTCC Customer Training and Information Products, in a press release. “Plus, the program strengthens customers’ continuity planning by providing a map of where DTCC-related skills reside within their organization.”

The DTCC Learning certification program is meant to broaden securities operations professionals’ understanding of the clearing corporations’ and depository’s businesses and how they relate to the wider financial industry. Customers will learn how to operate DTCC’s systems and how to recognize and respond to common and uncommon situations that may arise when processing securities through a DTCC subsidiary.

The certification will last for two years, upon which continuing education will be required to keep the certification.

More information can be found here .