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 managing the overall design & development effort. In addition to ACATS, Michael manages the Trade Capture team, which recently deployed efforts including the Consolidated Trade Summary (CTS) Rewrite and T2 Shortened Settlement. Michael has 19 years of experience at DTCC in the Equity Clearing area, 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 application developer.