The Depository Trust & Clearing Corporation (DTCC) has named Anne Noonan as managing director and chief systemic risk officer, Business Wire reports. Noonan will identify and assess systemic risk implications for all DTCC products, activities, processes and systems. She will report to the company’s general counsel, Larry Thompson.

Noonan will work closely with DTCC subsidiaries’ regulators, the Securities and Exchange Commission, the Federal Reserve Bank of New York and the New York State Banking Department, and with regulators globally. Prior to DTCC, Noonan was with CLS Bank International in New York, as executive vice president and global head of risk management and regulatory affairs.

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