DTCC appoints chief systemic risk officer

The US-based Depository Trust & Clearing Corporation (DTCC), which operates the Trade Information Warehouse for credit derivatives, has appointed Anne Noonan as chief systemic risk officer. Noonan, who will report to Larry Thompson, the DTCC's general counsel, will be responsible for overseeing the management of the systemic risk framework for the DTCC and its subsidiaries. Noonan will also work closely with DTCC subsidiaries' direct regulators: the Securities and Exchange Commission, the