DTCC鈥檚 Susan Cosgrove joins Ultimus Fund Solutions鈥� board of directors
11 March 2021 US
Image: Susan Cosgrove
Ultimus Fund Solutions has appointed Susan Cosgrove to its board of directors.
Cosgrove currently works as managing director and chief financial officer of the Depository Trust & Clearing Corporation (DTCC).
Cosgrove leads DTCC鈥檚 global finance, treasury, strategic sourcing, real estate, corporate services, and new initiatives oversight teams.
She is a member of DTCC鈥檚 management committee, management risk committee and co-chairs the investment and operating committee.
In addition, she chairs DTCC鈥檚 Deriv/SERV board of directors, as well as the boards of several of the DTCC trade repositories.
Previously, Cosgrove has worked as managing director and general manager of settlement and asset services, overseeing all depository businesses, and the general manager for DTCC鈥檚 equity and fixed income clearing services.
During her career, she has also taken on roles at Lehman Brothers, Maxcor Financial Group and PwC.
Ultimus CEO Gary Tenkman states: 鈥淸Susan Cosgrove] has long been instrumental in guiding DTCC鈥檚 strategic approach to incorporating new technologies and using fintech to drive efficiencies and reduce risk and costs. She is a powerful advocate for finding the right balance between innovation and disciplined, structured decision-making.鈥�
鈥淐osgrove鈥檚 vision is aligned with Ultimus鈥� ongoing commitment to leveraging the industry鈥檚 most advanced technology to streamline our operations and provide new solutions for investment managers and their clients. We are excited about the rich experience and insight Susan brings to the table and welcome her contributions to our business,鈥� Tenkman adds.
Cosgrove currently works as managing director and chief financial officer of the Depository Trust & Clearing Corporation (DTCC).
Cosgrove leads DTCC鈥檚 global finance, treasury, strategic sourcing, real estate, corporate services, and new initiatives oversight teams.
She is a member of DTCC鈥檚 management committee, management risk committee and co-chairs the investment and operating committee.
In addition, she chairs DTCC鈥檚 Deriv/SERV board of directors, as well as the boards of several of the DTCC trade repositories.
Previously, Cosgrove has worked as managing director and general manager of settlement and asset services, overseeing all depository businesses, and the general manager for DTCC鈥檚 equity and fixed income clearing services.
During her career, she has also taken on roles at Lehman Brothers, Maxcor Financial Group and PwC.
Ultimus CEO Gary Tenkman states: 鈥淸Susan Cosgrove] has long been instrumental in guiding DTCC鈥檚 strategic approach to incorporating new technologies and using fintech to drive efficiencies and reduce risk and costs. She is a powerful advocate for finding the right balance between innovation and disciplined, structured decision-making.鈥�
鈥淐osgrove鈥檚 vision is aligned with Ultimus鈥� ongoing commitment to leveraging the industry鈥檚 most advanced technology to streamline our operations and provide new solutions for investment managers and their clients. We are excited about the rich experience and insight Susan brings to the table and welcome her contributions to our business,鈥� Tenkman adds.
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