Paula Sausville Arthus Appointed President and CEO of Omgeo
Marianne Brown steps down as CEO to pursue new opportunities
NEW YORK, January 13, 2014 – The Depository Trust & Clearing Corporation (DTCC) today announced that Paula Sausville Arthus has been appointed President and CEO of Omgeo, the global standard for post-trade efficiency dedicated to providing the financial community with efficient trade processing, risk mitigation and operational stability. Ms. Arthus succeeds Marianne Brown who steps down from the role on February 21 to pursue other business opportunities. A highly-respected industry leader, Ms. Arthus brings more than 25 years of experience in the financial industry to this role. She reports to Andrew Gray, Managing Director and head of Core Business Management, DTCC.
“Paula’s depth of expertise in strategy, technology, data services, and business management will be essential as we drive our businesses forward. I look forward to her leadership as we continue to innovate on behalf of our clients and the industry,” said Mr. Gray.
Michael Bodson, DTCC President & CEO said: “We are incredibly grateful for Marianne’s leadership over the last seven years in driving industry-leading client solutions and value to the marketplace. We wish her much success for the future.”
“I’m delighted to be stepping into the CEO role at this exciting time for DTCC and Omgeo. Our companies play a critical role in shaping the future of financial services globally,” Ms. Arthus said. “Omgeo has a team of incredibly talented professionals, and I look forward to partnering with them to continue to serve Omgeo’s clients with world-class capabilities as a part of DTCC’s family of companies.”
Ms. Arthus was most recently Managing Director, Chief of Staff and head of Enterprise Planning at DTCC, a position she held since 2012. During that time, she oversaw the company’s business planning processes, new initiatives approval process and enterprise program management. Ms. Arthus was also responsible for the coordination and programming for the DTCC Board of Directors. Ms. Arthus is currently Vice Chair of DTCC’s Diversity and Inclusion Council.
Since joining DTCC in 2005, Ms. Arthus held a number of senior positions including Managing Director and head of Relationship Management for the Equities and Fixed Income Clearance and Settlement, Asset Services and Wealth Management Services businesses. She served on the Omgeo Board of Managers from 2008 to 2011. Prior to joining DTCC, Ms. Arthus had a long and successful career at JPMorganChase, including as Global Technology Executive for the firm’s global custody business and head of the investment management operations in-sourcing business.
DTCC has operating facilities and data centers around the world and, through its subsidiaries, automates, centralizes, and standardizes the post-trade processing of financial transactions for thousands of institutions worldwide. With 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry, simplifying the complexities of clearance, settlement, asset servicing, global data management and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, derivatives, money market instruments, syndicated loans, mutual funds, alternative investment products, and insurance transactions. In 2012, DTCC’s subsidiaries processed securities transactions valued at approximately US$1.6 quadrillion. Its depository provides custody and asset servicing for securities issues from 131 countries and territories valued at US$37.2 trillion. DTCC’s global trade repositories record more than US$500 trillion in gross notional value of transactions made worldwide.
Formed in 2001, Omgeo automates trade lifecycle events between investment managers, broker/dealers and custodian banks, enabling 6,500 clients and 80 technology partners in 52 countries around the world to seamlessly connect and interoperate. By automating and streamlining post-trade operations, Omgeo enables clients to accelerate the clearing and settlement of trades, and better manage and reduce their counterparty and credit risk. Omgeo’s strength lies within its global community and its ability to create solutions to enable clients to realize clear returns on their investment strategies, while responding to changing market and regulatory conditions. Across borders, asset classes, and trade lifecycles, Omgeo is the global standard for operational efficiency across the investment industry. Omgeo is a subsidiary of The Depository Trust & Clearing Corporation (DTCC).