Managing Director Government Relations for Europe & Asia, DTCC and CEO of
DTCC’s European Trade Repository
Andrew Douglas is the Managing Director of Government Relations for Europe & Asia at The Depository Trust & Clearing Corporation (DTCC) and Chief Executive Officer of DTCC’s European Trade Repository (DDRL Europe). Andrew is also board member for the DTCC/Euroclear collateral management joint venture.
As CEO of DDRL Europe, Andrew leads day-to-day operations with responsibility for all aspects of the European business, including new product development, regulatory outreach and strategy.
As Managing Director of Government Relations, Andrew plays a key role in representing DTCC’s public policy positions to officials of the European Union and its Member States as well as multiple jurisdictions in Asia. He represents DTCC in dealings with other European organizations, such as regulators, central banks and industry associations. He is also responsible for communicating DTCC’s European policy agenda and for building upon existing relationships with key individuals and groups in the public policy-making process. In addition, he represents DTCC at relevant forums, advises senior management on pending legislation and policy issues and provides input to DTCC line business managers about European issues relevant to their products.
Andrew joined DTCC from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), where he most recently served as head of that Belgium-based cooperative’s Securities Research and Development Team. During his tenure at SWIFT, he was instrumental in developing the “Giovannini protocol,” which harmonized communication standards among equity post-trade infrastructures in Europe.
Prior to joining SWIFT in 1999, Andrew spent two years as head of the middle office and client service teams for fixed income and money market products at Deutsche Bank’s investment bank. He began his financial services career in 1988 at Citibank, where he worked in the clearing and custody business. Andrew has an MBA from Manchester Business School and a Bachelor of Science degree in Materials Science and Engineering from the University of Surrey.