DTCC Joins Florida Businesses for a Competitive Workforce

Coalition of major Florida employers pushes for passage of the Competitive Workforce Act-

(Tallahassee, Fla.) – Florida Businesses for a Competitive Workforce welcomed The Depository Trust & Clearing Corporation (DTCC) to the statewide coalition today. DTCC is the premier post-trade market infrastructure for the global financial services industry. The company consistently has held the Human Rights Campaign’s “Best Places to Work for LGBT Equality” designation every year since 2013.

“We are thrilled to add DTCC to our coalition of major Florida employers backing the Competitive Workforce Act,” said Coalition Campaign Manager, Patrick Slevin. “Currently, 37 counties and municipalities in the state offer a patchwork of protections for gay and transgender residents through local non-discrimination ordinances. With help from DTCC and other coalition members, we aim to bring consistent protections to all Floridians.”

DTCC achieved a perfect 100 percent rating in the Human Rights Campaign’s Corporate Equality Index 2016 (CEI). The CEI is America’s premier benchmarking tool for assessing Lesbian, Gay, Bisexual and Transgender (LGBT) equality in the workplace.

“Diversity is a key driver of innovation, and a critical component of DTCC’s success on a global scale,” said Mike Bodson, President and CEO. “We are pleased to join other businesses in support of the Competitive Workforce Act.”

Top employers in the state have united to form the Florida Businesses for a Competitive Workforce coalition, which aims to grow Florida’s economy by attracting and retaining the best workers to the state with the promise of equal opportunity employment. Thirty-six major Florida employers, including Fortune 500 companies AT&T, CSX, Darden Restaurants, Marriott, NextEra Energy, Office Depot, Tech Data, Walt Disney World Resort and Wells Fargo have joined, with more than 400 local businesses on board.

The coalition is led by Patrick Geraghty, Chairman of the Board of Directors and CEO of Florida Blue in Jacksonville; John Tonnison, Executive Vice President and Worldwide CIO of Tech Data Corporation in Clearwater; and Philip Dinkins, Senior Vice President of Cushman & Wakefield in Tampa. They serve as president, secretary and treasurer of Florida Businesses for a Competitive Workforce, respectively.

While it is illegal to discriminate in employment, housing and public accommodations based on race, color, religion, sex, national origin, age, handicap or marital status, the gay and transgender community is currently left out of statewide non-discrimination protections. House Bill 45 by Rep. Holly Raschein (R-Key Largo) and Senate Bill 120 by Sen. Joe Abruzzo (D-Boynton Beach), commonly referred to as the Competitive Workforce Act, aims to address this by adding sexual orientation and gender identity to the law.

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About Florida Businesses for a Competitive Workforce
The Florida Businesses for a Competitive Workforce Coalition is a 501c(4) whose mission is to support passing the Competitive Workforce Act, which would modernize state law to include anti-discrimination protection based on sexual orientation and gender identity or expression. The coalition believes that the Competitive Workforce Act will make Florida more competitive in the national and global marketplace in much the same way companies have benefitted from adopting anti-discrimination policies. For additional information, please go to www.FLCompetitiveWorkforce.com or visit the coalition on Twitter and Facebook.

 About DTCC
With over 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes, and standardizes the post-trade processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers worldwide. User owned and industry governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to the financial markets. In 2014, DTCC’s subsidiaries processed securities transactions valued at approximately U.S. $1.6 quadrillion. Its depository provides custody and asset servicing for securities issues from over 130 countries and territories valued at U.S. $64 trillion. DTCC’s global trade repository maintains approximately 40 million open OTC positions and processes roughly 280 million messages a week. Learn more about DTCC at www.DTCC.com.