Michael DeStefano is a Systems Director for Application Development at the Depository Trust & Clearing Corporation. As technical lead for the ACATS Modernization project, he is responsible for leading the overall design & development effort. Previous to working with ACATS, Michael managed the Trade Capture team, which deployed efforts including the Consolidated Trade Summary (CTS) Rewrite and T2 Shortened Settlement. Michael has 20 years of experience at DTCC, mostly in the Equity Clearing space, including several years with EuroCCP. He graduated from Lycoming College in Williamsport Pennsylvania with a degree in Accounting and Economics, and started his career with DTCC as an entry level developer.