DTCC Appoints Experian’s Scharf as Chief Security Officer
Current CISO Mark Clancy to resume CEO role at DTCC-FS-ISAC joint-venture, Soltra.

Scharf will have responsibility for centralizing and aligning DTCC's global information security, physical security, and crisis and incident management functions, in what the firm calls a "holistic approach to risk management and resilience across the organization." Prior to his role at Experian, Scharf was global security officer at Bloomberg.
"Stephen brings to DTCC over twenty years of experience, with a fifteen year concentration on information security," says Andrew Gray, managing director, group chief risk officer at DTCC. "Risk management remains a top priority across the industry, and we look forward to Stephen's contributions as we continue to protect DTCC and the global markets."
As a result of Scharf's appointment, current DTCC chief information security officer, Mark Clancy, will step down and assume his full-time role as chief executive officer at DTCC and FS-ISAC joint venture, Soltra.
"Financial services remains one of the most heavily targeted industries," says Scharf on his appointment. "To continue safeguarding our industry from threats, we must remain vigilant and focused."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
New GPU indexes to provide transparency into AI compute
Silicon Data, a company backed by DRW and Jump Trading, has launched its H100 and A100 indexes, providing transparency into the economics of AI compute.
Compliance startup bolsters advisory board, finalizes Series A funding
Umony has added former compliance officers from JP Morgan, as well as the FCA and the SEC.
Trust though transparency: The need for explainable AI
In this guest column, Broadridge’s Mary Beth Sweeney tells the story of BondGPT’s creation and the company’s endeavor to ensure that any user inquiries are met with traceable answers from the service.
Waters Wavelength Ep. 333: Baseball, analytics, and therapy
This week, Tony and Shen discuss recent books they’ve read.
Nasdaq to deploy Calypso on AWS, expanding cloud partnership
The platform is the latest piece of tech to move to AWS as the exchange operator looks to offer more cloud-native services.
Man Group sees alpha-generating strategies from agentic AI
The firm is seeing actionable use cases from AI agents, said CTO Gary Collier, speaking at a conference in London hosted by Bloomberg.
Expero sharpens focus on financial clients
After 20 years of delivering software, AI tools and digital UXs across industries, Expero is leaving its jack-of-all-trades strategy, aiming to become a master of one.
How fintechs can weather the funding winter
Investments into UK fintechs are slipping. Azimkhon Askarov, co-CEO and partner at Concryt, outlines strategies to help them through tough macroeconomic conditions in this guest column.