Michael Bodson, the president and chief executive of the Depository Trust & Clearing Corporation, tells FN how the changing landscape of the post-trade market is leading to a fundamental shift in approaches to risk management.

US-based post-trade services firm the DTCC is looking to lead the charge in creating a new paradigm for market infrastructure, as cost pressures bear down on the financial industry. The result is that institutions are becoming more comfortable with sharing their financial market infrastructures.