The Depository Trust & Clearing Corporation (DTCC) has operating facilities and data centers around the world, and through its subsidiaries, DTCC automates, centralizes and standardizes the post-trade processing of financial transactions for thousands of institutions worldwide. With 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry, simplifying the complexities of clearance, settlement, asset servicing, global data management and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, derivatives, money market instruments, syndicated loans, mutual funds, alternative investment products and insurance transactions. In 2012, DTCC’s subsidiaries processed securities transactions valued at approximately $1.6 quadrillion. Its depository provides custody and asset servicing for securities issues from 131 countries and territories valued at $37.2 trillion. DTCC’s global trade repositories record more than $500 trillion in gross notional value of transactions made worldwide.
Laura Klimpel
Managing Director
In her role, Laura oversees the firm’s Treasury, Mortgage-Backed Securities and Secured Funding products and services.
Prior to her current role, Laura has held various business and legal positions within the DTCC complex, including acting as General Counsel for New York Portfolio Clearing, LLC (NYPC). Before that, Laura spent three years at Cleary Gottlieb Steen & Hamilton LLP, focusing primarily on US commodities and derivatives regulation.
Laura received her B.A. degree, summa cum laude, from Truman State University in 1999 and her J.D. degree, cum laude, from Cornell University in 2007. She is a member of the New York Bar. Laura is also a member of the Treasury Market Practices Group (TPMG).