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DTCC appoints James Lee to oversee enterprise computing sector

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The Depository Trust & Clearing Corporation (DTCC) has appointed James Lee as managing director and head of enterprise computing, bringing more than two decades of leadership experience in information technology operations and software configuration to the company.

In this new role, Lee will oversee and guide strategy for the development of new computational products.

Additional areas of responsibility include identifying and mitigating risk within enterprise infrastructure and managing a 200-employee department dispersed across five global offices. He will report to Robert Garrison, managing director and chief information officer.

“I couldn’t be more excited to have someone of James’s calibre and expertise coming on board,” says Garrison. “He is a pioneer in this industry, with a history of bringing innovative, global enhancements to his roles in technology and financial management. He comes to DTCC at a critical time as we move forward with further strengthening our infrastructure to adapt to an evolving marketplace.”

Lee joins DTCC from UBS where he served as managing director and global head of enterprise systems management since 2009. There he focused on global transformation of core enterprise systems, architecture, product management, engineering, desktop services and IT operations. During his tenure there, he also executed highly complex programming solutions on aggressive timeframes and spearheaded a computing process that significantly reduced expenses.

Prior to USB, Lee served as a vice president in JP Morgan’s global technology and operations group and as a director of Swiss Bank Corporation where he developed technical and analytical capabilities for the organisation. In 1997, he co-founded Benchmarking Technologies International, a global management consulting company for the financial services industry.

“I’m pleased to be joining a highly talented professional team that plays a critical role in protecting the financial system’s capital markets infrastructure,” says Lee. “The challenge of leading DTCC’s enterprise computing area is particularly compelling at this time when DTCC is focused on developing new competitive platforms to advance and safeguard the financial services industry.”

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