DTCC hires Nashira Spencer as Chief Security Officer

Rick Steves

The Depository Trust & Clearing Corporation (DTCC) has appointed Nashira Spencer as Chief Security Officer (CSO). 

The premier post-trade market infrastructure for the global financial services industry will count on her 20 years of leadership and expertise in security management.

Nashira Spencer will be responsible for managing DTCC’s enterprise-wide global information security, physical security, employee safety, and crisis/incident management functions, ensuring a comprehensive and holistic approach to risk management and resilience across the organization.

Nashira Spencer’s career includes roles at Prudential Financial, Citigroup and Bloomberg LP

She joins DTCC from Anywhere Real Estate (formerly Realogy), where she was Chief Information Security Officer (CISO) and, most recently, Chief Technology Officer (CTO). There, she conceived and executed the firm’s enterprise-wide global cyber security and data privacy program during its digital transformation.

Her career includes the role of Executive Director of Privacy and Information Security at Time Warner as well as other security-related roles at other large financial institutions, including Prudential Financial, Citigroup and Bloomberg LP.

Nashira Spencer will report to Tim Cuddihy, DTCC’s Group Chief Risk Officer.

Nashira Spencer to conceive and execute innovative strategies

Tim Cuddihy, Chief Risk Officer at DTCC, commented: “We’re pleased to appoint Nashira as CSO to build upon our progress in advancing our security strategy and enhancing our capabilities to further protect the organization and strengthen operational resilience. Her unique background and experience as both a security leader and technologist will enable Nashira to conceive and execute innovative strategies, including the use of new technologies, to safeguard DTCC and help promote the safety and stability of the financial markets.”

Nashira Spencer, Chief Security Officer at DTCC, added: “I’m excited to join DTCC and have the opportunity to apply my experience and leadership in an organization that plays such a critical role in the global marketplace. I look forward to partnering with my new colleagues, as well as our clients, industry associations and the public sector, to further enhance the firm’s resilience and protect the financial industry and the investing public from a wide range of information, cyber and other security risks.”

Spencer holds a Master of Science in Telecommunication Networks from the Polytechnic Institute of New York University and obtained a BS in Computer Science from the University of Pennsylvania. She is a strong advocate for Diversity, Equity and Inclusion and volunteers her time as an advocate for underrepresented communities and populations, including serving on the Board of Directors of The Girl Scouts of Northern New Jersey and NJ State Board of Junior Achievement.

Read this next

Metaverse Gaming NFT

DCentral Miami brings together all of Web3, NFT, DeFi, Metaverse

The world’s biggest Web3 meeting entitled DCENTRAL Miami is set to take place November 28-29, featuring a lineup of some of the biggest and most influential names in the blockchain space.

Digital Assets

Crypto ban expands across UK banks as Starling joins ‎crackdown

UK digital bank Starling has banned ‎all customer payments related to cryptocurrencies, another blow for the crypto traders ‎who recently saw a sizable number of banks deciding not to ‎finance the wobbly asset class.‎

Interviews

Markets Direct at FIA EXPO 2022: Traders know what they want from brokers

The FIA Expo 2022, one of the most prestigious events within the global derivatives trading industry, took place in Chicago on 14 & 15 November.

Interviews

FIA Expo 2022: TNS addresses public cloud limitations with hybrid infrastructure

November is the month of the FIA Expo, one of the largest futures and options conferences in the world, bringing together regulators, exchanges, software vendors, and brokers in one place: the Sheraton Grand Chicago Riverwalk. 

Retail FX

Italy’s regulator blacks out Finance CapitalFX, MFCapitalFX

Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) has shut down new websites in an ongoing clampdown against firms it accuses of illegally promoting investment products in the country.

Retail FX

Suspected leader of Honk Kong ramp-and-dump scam appears in court

A leader of a sophisticated ramp-and-dump scheme made his first court appearance in a Hong Kong court today, charged with market manipulation and various criminal offences. The case stems from an earlier joint operation of Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), and the local police. 

Institutional FX

Cboe’s James Arrante discusses growing demand for fixed income, FX algo

We caught up with James Arrante, senior director of FX & US treasuries product and business management at Cboe Global Markets, to uncover emerging trends in the FX and fixed income markets and learn more about the bourse operator’s recent initiatives.

Retail FX

Eurotrader acquires UK broker Petra Asset Management

Eurotrader Group has formally entered into the UK market with the acquisition of FCA-regulated broker, previously named Petra Asset Management Ltd. The new entity operates under the brand name Eurotrade Capital Ltd.

Inside View, Retail FX

The Game of Chess Continues – OPEC, China and the Oil Market

Over the past decade, the US has been complaining about the amount of power which the BRIC group, and specifically China, has on the global economy. BRIC stands for Brazil, Russia, India and China; these were the world’s fastest growing economies. Only in the past 10 months, the US has turned their attention toward OPEC due to the prices of fuel. Nevertheless, China seems to have a strong influence even over the price of crude oil.

<