TAMPA — The Depository Trust & Clearing Corp. announced a major expansion in Tampa today, which includes plans for up to 255 jobs.
The expansion, according to a statement, further includes a $4.8 million investment in DTCC’s New Tampa facility. The jobs will be in IT, operations, human resources and finance, the firm says. State and local governments offered a performance-based economic invective package worth more than $4 million for the firm’s expansion efforts.
With a corporate headquarters in New York City, DTCC processes a multitude of financial paperwork, including mutual funds, options trades and stocks and bonds. It’s one of the largest financial processing paperwork firms in the country.
The firm entered the Tampa market in 2004, and has since grown to about 600 local employees. For this latest expansion, just like in 2004, DTCC chose Tampa over several other cities that wooed it. “The decision to expand our operations in Tampa signals our continuing commitment to this community and represents a new chapter in DTCC history,” DTCC President and CEO Michael Bodson says in the release. “The city of Tampa, Hillsborough County and the state of Florida have been great partners of ours since 2004, and we look forward to strengthening these relationships for years to come.”
By: Business Observer
April 15, 2013
Online Article: http://www.review.net/section/detail/tampa-financial-services-firm-plans-255-hires/
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Depository Trust to create 255 new jobs with expansion
- Jane Meinhardt, Staff Writer
Tampa Bay Business Journal
The Depository Trust & Clearing Corp. plans a $4.8 million expansion investment in Tampa and will create 255 new jobs.
The expansion is the corporation’s first since it opened is New Tampa facility nine years ago, according to a written statement.
Organizations supporting the expansion include the city of Tampa, Enterprise Florida, Hillsborough County and Tampa Hillsborough Economic Development Corp.
The planned jobs will be in highly specialized sectors, including information technology, operations, human resources and finance. A phased hiring schedule will span a projected three-year period.
DTCC started its local operation with about 300 employees and now has nearly 530 — about 40 percent of them women.
The corporation has created partnerships with MacDill Air Force Base, the University of South Florida and other local education institutions for recruiting talent.
DTCC considered offers from other states where it has existing operations, but decided to expand in Tampa because of the recruitment potential and quality of life, according to the statement.
“The decision to expand our operations in Tampa signals our continuing commitment to this community and represents a new chapter in DTCC history,” said Michael Bodson, president and CEO, in the statement.
Online article: http://www.bizjournals.com/tampabay/news/2013/04/15/depository-trust-to-create-255-new.html?s=print
