Former Barclays post-trade head joins DTCC

Valentino Wotton will take over as managing director for DTCC Deriv/SERV in August.
By Paul Walsh
The Depository Trust and Clearing Corporation (DTCC) has appointed Valentino Wotton as managing director for DTCC Deriv/SERV.

In his new role, effective 29 August, Wotton will be responsible for product development and strategy.

Prior to this role, Wotton served as head of post-trade services and Europe operations at Barclays, where he was responsible for improving service capabilities and internal businesses as well as making changes to Barclays’ strategic architecture.

In his role at DTCC he will report to Chris Childs, president and CEO of DTCC Deriv/SERV.

“As a recognised derivatives and operations expert, Valentino brings decades of experience and deep insights to DTCC,” said Childs.

“With the industry and regulators focused on automation as a means to increase market transparency, we look forward to Valentino’s contributions as we look for new opportunities to grow our support for the industry.”

Wotton has previously held several roles at Citigroup as well as serving on the Deriv/SERV board.

He has also sat on ISDA’s market infrastructure and technology committee.

“Over the years, I have been able to gain unique insights into DTCC’s derivatives repositories, working alongside my fellow Deriv/SERV Board Members to advise on future product strategy,” said Wotton.

“DTCC has been a key enabler of increased visibility into the derivatives markets, and I look forward to helping the firm continue to innovate around automation, standardisation and utilisation, while ensuring that our services enable clients to meet their regulatory mandates.”