June 18, 2019

Letter from the Chairman

Dear Colleague:

On behalf of the BDUG Steering Committee, I invite you to attend the BDUG Annual Meeting at the Hyatt Regency Clearwater Beach, Florida from September 23 through September 26.  The BDUG Steering Committee has been working diligently with DTCC to stay abreast on system changes as well as ensuring we have a pulse on key industry topics that impact each of our organizations.

It is critical that member banks stay engaged and the BDUG annual meeting is the perfect format to stay informed and to network. The meeting format incorporates the use of general sessions to exchange ideas with your colleagues and industry experts.

We will have a keynote speaker from DTCC as well as a number of representatives in attendance to update you on key DTCC initiatives, products, and services as well as participating in industry panels. Many of DTCC’s representatives are located in their Tampa office which allows them to rotate attendance and allows more of DTCC’s staff to attend. I encourage each of you to take this opportunity to interact with the many representatives from DTCC.

Included in the package is a draft of the agenda for your review. As you can see, the agenda includes many pressing and timely industry issues such as:

  • Transformation of Institutional Trade Processing
  • Federal Reserve Post-Modernization Updates
  • DTCC’s Settlement Updates/Including Seg 100 program
  • DTCC Claims Utility Updates
  • OCC updates including Asset Management
  • Corporate Actions Update

In order to allow attendees to collaborate with industry colleagues and meet new colleagues, the Steering Committee is hosting an Opening Reception. In addition to the Opening Reception and meeting sessions, we invite you to participate in a “Town Hall” meeting for member bank attendees. This is your opportunity to provide input to the Steering Committee.

I would like to thank all of our exhibiting partners who support us each year. Without their meaningful and on-going support of the BDUG organization, we would not be able to attract the speakers or provide the high-quality events that we do.

Please note that all attendees should make their own reservation with the hotel as soon as possible but no later than September 2, 2019. Reservation information has been included in this package.

In closing, I encourage you and your fellow associates to take advantage of an outstanding opportunity to stay current on DTCC and industry initiatives. The meeting sessions are also an opportunity for CSOP members to earn continuing education credit hours to maintain certification.

I look forward to seeing you in Clearwater Beach and thank you for your continued support of BDUG.

John Sullivan
BDUG Chairperson