The Depository Trust & Clearing Corporation has appointed Anne Noonan to the newly created position of managing director and chief systemic risk officer. She will report to Larry Thompson, DTCC’s general counsel.

In this new position, Noonan will oversee the management of the systemic risk framework for DTCC and its subsidiaries to ensure DTCC can readily identify and assess the systemic risk implications for all existing and new DTCC products, activities, processes, and systems.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...