WHO WE ARE
The ARC is a coalition of financial services firms working together to identify, prioritize, and mitigate systemic risk to the nation’s most critical infrastructure. The ARC delivers actionable solutions which reduce systemic risk.
Members
Our member firms are owners and operators of the nation’s most critical financial infrastructure.
View Our Full List of Members
- AIG
- Bank of America
- BNY Mellon
- Citi
- The Clearing House
- CLS Group
- CME Group
- The Depository Trust & Clearing Corporation (DTCC)
- Fannie Mae
- Goldman Sachs
- Intercontinental Exchange
- JPMorgan Chase & Co.
- Mastercard
- Morgan Stanley
- Nasdaq
- The Options Clearing Corporation (OCC)
- Prudential
- State Street Corporation
- SWIFT
- Wells Fargo
Leadership
Scott DePasquale
President and CEO
Scott DePasquale
President and CEO
Scott DePasquale is President & CEO of the Analysis and Resilience Center for Systemic Risk (ARC). In his current role, DePasquale leads a coalition of systemically important banks and financial market utilities to reduce cyber risk and to improve the resilience of digitally connected systems critical to our economic and national security.
Prior to joining the ARC, DePasquale was a general partner at New York based venture capital firm Braemar Energy Ventures, where he funded and built numerous technology companies spanning sustainable energy, mobility, and infra-tech. DePasquale served on Braemar’s investment committee for eight years and served as Chairman and CEO of Utilidata—a Braemar portfolio company delivering digital automation and cybersecurity solutions to the power utility sector.
Prior to his role as a venture capitalist at Braemar, DePasquale was a senior vice president at GE Capital, where he led the group’s Boston-based energy technology investments. In this capacity, he worked closely with scientists and engineers across GE’s corporate R&D center, as well as executives from various internal businesses, to identify and commercialize transformative technologies. Before joining GE, DePasquale spent several years managing analytics and international dispute resolution for an energy security think tank. He started his career as a trader in the energy and financial sectors.
DePasquale previously served as Chairman of the Rhode Island Homeland Security Advisory Board, and as Chairman of the Rhode Island Cybersecurity Commission, appointed by Governor Gina M. Raimondo. He was also a member of the DHS Homeland Security Advisory Council Subcommittee on Cybersecurity.
DePasquale is a Trustee of the U.S. Naval War College Foundation, where he serves as a managing board member and as Chairman of the National Events Committee. He holds a Master of Arts in International Relations and Affairs from the Fletcher School of Law and Diplomacy at Tufts University, a Master of Science in Finance from Suffolk University, and a Bachelor of Science in Business Administration from Bryant University.
Todd Sullivan
Chief Risk Officer, Financial Services
Todd Sullivan
Chief Risk Officer, Financial Services
D. Todd Sullivan serves as Chief Risk Officer for Financial Services of the Analysis and Resilience Center for Systemic Risk (ARC). In this role, Todd leads a coalition of systemically important Financial Services entities in the identification, analysis, and mitigation of systemic risk to improve the resiliency of the US financial system.
Todd brings over 20 years of experience in leading global teams in Operations and Risk Management for major financial services organizations across multiple asset classes.
Prior to joining the ARC, Todd served as the Head of Business Unit Risk Management for the Fixed Income Sales and Trading business in the Americas for Morgan Stanley. He led a team responsible for First Line of Defense controls and supervision, Trade and Conduct Surveillance, Operational Risk Management, Audit, and Regulatory Engagement, new product and business review and approval, and Electronic Trading Risk Management. He served on the Conduct Risk Committee for Fixed Income, the Firm’s Americas Franchise Risk Committee, Operational Risk Oversight Committee, Enterprise Risk Oversight Committee, and co-chaired the Residential Mortgage Risk Committee. Prior to his role in the Fixed Income Business, Todd was the global head of Securities Operations across the Institutional Securities Group. His teams were responsible for all operational support of the cash Equity, Fixed Income, Client and Firm Financing, and Syndication businesses.
Todd joined Morgan Stanley in 2004 after almost 10 years in Operations at Lehman Brothers. Throughout his career, he has served in numerous leadership roles across the industry, serving as the firm’s lead representative on issues such as the redesign of the CDS contract, Central Counterparty Clearing, derivative portfolio compression, and serving as the chair of numerous industry efforts through SIFMA/BMA, ISDA, and the CUSIP Service Bureau. Todd Chaired the Corporate Credit Markets Operations group at the BMA, served on numerous SIFMA working groups and committees, chaired the Credit Implementation Group at ISDA, and has served on the CSB board for more than 10 years (most recently as its Chair).
For more than 10 years, Todd has served on the Boards of Lincoln Hall Boys’ Haven and the LH Foundation. He serves as the treasurer of both organizations and as a member of the Executive Committee of the boards. Since 1863, Lincoln Hall has served the needs of disadvantaged and at-risk youth. Lincoln Hall provides education, structure, and support to young men and their families with the hopes of creating a future of promise and opportunity.
Todd holds a Master of Business Administration from New York University’s Stern School of Business with concentrations in Finance and Operations Management, and a Bachelor of Arts from Villanova University.
Nicole West
Chief Operating Officer
Nicole West
Chief Operating Officer
A tech-savvy, growth-oriented executive, Nicole has brought strategic leadership for over 25 years to emerging and publicly traded global companies across financial services and technology. Her passion for building and growing impactful global businesses is evident by her proven track record of enhancing shareholder value through client-centric growth initiatives, leveraging technology and data to drive innovation, driving EBITDA margins through capital efficient and scalable operations, and developing talent and great places to work.
Prior to joining the ARC, Nicole was President of West Advisory, where she helped early stage to middle market firms accelerate smart growth including founding the Washington Metro DC CEO FinTech Roundtable. She also co-founded Luminous Group, LLC, which focused on innovative applications of Blockchain-based and other emerging technologies.
Nicole’s extensive financial services sector experience includes serving as Managing Director at Legg Mason in the office of the Chairman and CEO, Chief of Staff for Global Financial Services and Chief Operating Officer for Capital One Federal Savings Bank at Capital One, Managing Director at Freddie Mac, and Global Head of Financial Services at Laureate International.
Her zeal for creating economic opportunities through global development, entrepreneurship, and education is evident as a board, compensation, and audit committee member of Ascent Funding and MPOWER Financing, leading providers of student loans to domestic and international students, an Advisory Board member for Heimdall Data, an application optimization platform for cloud and mobile backend infrastructure, a Board director and Investment Committee Chair for St. Mary’s College of Maryland, and a CEO Mentor to social entrepreneurs with The Global Good Fund.
Nicole holds executive certifications in Finance from the Wharton School of Business and Leadership at the Darden School of Business, University of Virginia, and graduated with honors from the University of South Carolina with a Bachelor in Computer Science, winning the prestigious Algernon Sydney Sullivan Award.
Chris Button
Chief Intelligence Officer
Chris Button
Chief Intelligence Officer
Chris Button serves as Chief Intelligence Officer for the Analysis and Resilience Center for Systemic Risk (ARC). In this role, Chris leads the ARC’s collaboration between members and with U.S. Government partners to monitor for, analyze, and warn against threats to the systemically critical assets operated by ARC members.
Chris previously served as Chief of Staff of the ARC’s predecessor organization, the Financial Systemic Analysis and Resilience Center (FSARC). Prior to joining FSARC, Chris was an Executive Director on JPMorgan Chase’s Global Cyber Partnerships & Government Strategy team, where he was responsible for cybersecurity operational collaboration relationships with industry partners and government agencies and a key advocate for the public-private partnerships that underpin the ARC. Prior to joining JPMorgan Chase, Chris was part of Deloitte’s Federal Cyber Risk practice focused on delivering cybersecurity solutions for the Intelligence Community and the Department of Homeland Security (DHS).
Chris is a senior fellow at Auburn University’s McCrary Institute for Cyber and Critical Infrastructure Security. He served as a senior executive at DHS for ten years in a variety of roles including Chief of Staff of the Office of Intelligence and Analysis, Senior Advisor on cybersecurity policy, and, most recently as DHS’ Director of Cyber Threat Analysis. Chris led the development of many DHS information and intelligence sharing initiatives with the private sector and state and local governments. His Cyber Threat Analysis team developed models for understanding cyber threats to federal networks and critical infrastructure.
Chris is a retired U.S. Coast Guard officer who served in a variety of demanding operational roles, including command at sea conducting law enforcement in the waters off southeast Florida and the Caribbean. He holds a Master of Public Administration from the University of Miami (FL).
Wayne T. Greene, CISSP
Chief Information Officer
Wayne T. Greene, CISSP
Chief Information Officer
Wayne has been in the field of information assurance for more than 25 years, spanning careers within the U.S. military, public, and private sectors. He serves as Chief Information Officer and Chief Security Officer for the Analysis and Resilience Center for Systemic Risk (ARC). Prior to joining the ARC, Wayne was Chief Information Systems Security Officer for KeyPoint Government Solutions, where he was directly responsible for the creation, implementation, management, and oversight of the company’s information security and incident response programs. This role included all activity necessary to accredit sensitive U.S. Government networks via the Federal Risk Management Framework’s assessment and authorization process.
Wayne previously served as Chief Information Security Officer and Director of Cyber Security at General Dynamics Corporation with direct executive management oversight of the entire information security program across all domestic and international business lines. In that role, Wayne represented General Dynamics on the Defense Industrial Base Sector Coordinating Council and served on numerous U.S. Government working groups and task forces to define cybersecurity best practices, policies, and disruptive technologies to better protect U.S. national security interests.
Wayne developed his expertise in Information Assurance as a Special Agent within the Federal Bureau of Investigation and as a member of the United States Air Force. Within his bureau career, he was selected for numerous specialty assignments related to foreign counterintelligence and cyber investigative matters, held various supervisory roles, and ultimately served as Head of the FBI Counterintelligence Division’s Cyber and Telecommunications program to counter threats posed by foreign state actors in matters with a counterintelligence and cyber nexus. Wayne has also held positions as a nuclear engineer, petroleum engineer, environmental engineer, and police officer.
Wayne is a Certified Information Systems Security Professional. He is a nuclear engineering graduate and is pursuing advanced degrees in Enterprise Architecture along with Information Assurance and Cybersecurity.
Russ Fitzgibbons
Senior Financial Services Risk Advisor
Russ Fitzgibbons
Senior Financial Services Risk Advisor
Russ Fitzgibbons is the Senior Risk Advisor for Financial Services at the Analysis and Resilience Center for Systemic Risk (ARC). Russ was previously seconded to the ARC’s predecessor organization, the Financial Systemic Analysis and Resilience Center (FSARC), from 2017-2019 to manage its Risk and Resiliency function from JPMorgan Chase, where he was a Managing Director.
Prior to joining JPMorgan Chase, Russ was the Executive Vice President and Chief Risk Officer for The Clearing House, a Systemically Important Financial Market Utility, where he was responsible for Enterprise Risk Management, Information Security, and Business Continuity. Prior to joining The Clearing House, Russ held a number of positions at Deutsche Bank, including the Global Head of Cash Operations, an area responsible for the successful processing of all payment and payment-related transactions including high-value payments, ACH transactions, and checks worldwide.
Russ has more than 30 years of management experience in various operations, payments, and payments-related services.
Fran Moore
Senior Intelligence Officer
Fran Moore
Senior Intelligence Officer
Fran is President of FPM Consulting, LLC, which provides insight on ways to deliver high-quality intelligence and technical solutions to federal and commercial clients. She also serves as the Strategic Intelligence Advisor to the Analysis and Resilience Center, a nonprofit founded by globally systemically important US financial institutions and energy utilities to understand systemic risk to both sectors. Fran advises the work of the ARC’s intelligence team, which works with national infrastructure operators and the US government to deliver strategic early warnings of potential attack on critical systems. Fran served as Vice President of the Cipher Brief until June 2016, helping to make it the go-to place for understanding fast-breaking events in a complex world. She retired from the Central Intelligence Agency in 2015 as a senior executive with 32 years of leadership and intelligence analysis experience.
As Director for Intelligence (now Analysis) from 2010 to 2014, Fran led the Agency’s large-scale substantive analytic program, ensured strategic resource investment, and a comprehensive talent management strategy to deepen expertise, leadership, and workforce agility. During a period of complex global change, she ensured timely and accurate intelligence insight for the President, senior policymakers, Congress, warfighters, and law enforcement. Prior to 2010, Fran served as Deputy Director for Intelligence and as Deputy Director for Analytic Programs.
From 2005 to 2008, Fran led analysis in the CIA’s Counterterrorism Center. She led efforts to reframe the evolving threat from al-Qa’ida for US national security. She also served as the first Chief of Strategic Planning for the Director of National Intelligence’s Presidential Daily Brief. As Chief, Deputy Chief of Counterintelligence Analysis from 2001 to 2005, Fran developed a program at the CIA to produce analytic insights on issues including espionage, foreign intelligence service activity, and insider threat. After joining the Agency in 1983, Fran served for 12 years as an analyst on East Asia before moving into leadership positions.
Fran is a member of AFCEA’s Intelligence Committee and INSA’s Security Policy Review Committee. She also serves on the board of the Intelligence Community’s Studies in Intelligence. From 2017-2019, Fran served as a member of the National Academy of Sciences Social and Behavioral Sciences Decadal Survey: A Research Agenda for Advancing Intelligence Analysis. Among her many career recognitions, she received a Presidential Rank Award, Distinguished Executive in 2013. She graduated Phi Beta Kappa, Summa Cum Laude from Elmira College in 1982, with bachelors’ degrees in International Relations and Political Science.
The ARC Team
The ARC Team is driven by our mission to reduce systemic risk to the critical functions that support our economic and national security.
Our shared commitment to cross-sector, critical infrastructure resilience with industry and government partners strengthens the collective defense of the nation’s most critical infrastructure.
We dedicate our expertise in operational and technical risk management to develop actionable solutions which improve the resiliency of the financial services.
Board of Directors
Craig Froelich, Chair
Chief Information Security Officer,
Bank of America
Pat Opet, Vice Chair
Global Chief Information Security Officer,
JP Morgan Chase
Chief Information Security Officer and
Head of Technology Risk, Goldman Sachs
Timothy J. Cuddihy
Group Chief Risk Officer,
The Depository Trust & Clearing Corporation
Elizabeth Joyce
Chief Information Security Officer,
State Street Corporation
Chief Information Security Officer
BNY Mellon
Jason Mull
Chief Information Security Officer,
CLS Group
Chris Porter
Chief Information Security Officer,
Fannie Mae
Sunil Seshadri
Chief Information Security Officer,
Wells Fargo
Al Tarasiuk
Chief Information Security Officer,
Citi
Katherine Wetmur
Global Co-CTO, Cyber
Morgan Stanley
Scott DePasquale
President and CEO,
Analysis & Resilience Center for Systemic Risk