February 2024

Letter from the Chairman

Dear BDUG Member,

The Greek philosopher Heraclitus said ‘nothing is permanent except change’ – and this is especially true
in our industry. BDUG members, however, are better positioned than most to stay ahead of industry
changes and incorporate new best practices into our organizations.

With changes in mind – and riding on the wave of a very successful annual conference in September
2023 – the BDUG Committee is deep in preparation for the 2024 conference, which will once again be
held at the Sandpearl Resort in Clearwater Beach FL, September 22-25, 2024.
https://www.opalcollection.com/sandpearl/ . Be sure to block those dates out on your calendar!

The conference program will address some key subjects such as how the landscape looks post T+1,
Treasury Clearing, expansion of DTCC products (Alert Lite and DTC Digital Assets), and ACATS Phase II
Modernization. The annual conference provides a full course of continuing education credits and ample
opportunity to liaise in person with key experts from DTCC, vendors, and regulators.

Annual dues were payable by the end of January. If you haven’t renewed yet, please complete the
renewal form and email it to Willy or Yasha (emails below) who can send you a secure payment link to
process your payment. If you have any questions about renewing membership, or need a renewal form,
Willy or Yasha will be happy to assist.

Willy Bloom (willy.bloom@usbank.com)
Yasha Shetty (yasha.shetty@us.bnpparibas.com)

It’s worth a reminder that the $1100 membership dues provide your organization with a paid
registration to the annual conference, unlimited access to the BDUG website for you and all your staff,
as well as BDUG-member-only webinars and two voting memberships. Your continued support allows
banks to remain a viable voice in the direction of our industry.

Also, if you haven’t signed up already, please consider joining the BDUG LinkedIn community.
We look forward to another successful BDUG year and hope to see you in September.


Ruth Jadeja
2024 BDUG Chairperson