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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.”
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