OCC

Risk management and clearing services provider

Chicago, Illinois, United States

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About OCC

OCC provides risk management, clearing, and settlement services in the financial markets, focusing on derivatives like options, stock loans, and futures contracts. It acts as an intermediary between buyers and sellers, ensuring smooth transactions and reducing the risk of default. OCC generates revenue through fees based on the volume and complexity of trades processed. The company invests in technology to enhance its risk management and data systems, exemplified by its MyOCC portal, which ensures secure access for authorized users. OCC's goal is to maintain the integrity and stability of the financial markets it serves by delivering reliable services to its diverse clientele.

Chicago, IllinoisHeadquarters
1973Year Founded
DEBTCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Medical, Dental, Vision Insurance
Life, AD&D, and Disability Insurance
Health Savings Account
Flexible Spending Accounts
401(k) Retirement Savings Plan
401(k) Employer Match
Monthly Student Debt Contribution
Tuition Reimbursement
10 Paid Holidays (including 1 Floating Holiday)
Paid Time Off (PTO)
12-week Paid Parental Leave
Sabbatical
Technology Stipend up to $2000
Work from Home Program
Back-up Dependent/Elder Care Support

Risks

Bitcoin ETF options trading could increase market volatility and operational risks for OCC.
New fintech partnerships may heighten competition, impacting OCC's market share.
Strategic shifts from new board appointments may misalign with OCC's current goals.

Differentiation

OCC is the largest equity derivatives clearing organization globally, ensuring market stability.
It offers innovative risk management solutions, enhancing confidence in financial transactions.
OCC's MyOCC system provides secure, audited access for authorized users, ensuring compliance.

Upsides

OCC's approval of Bitcoin ETF options could boost demand for its clearing services.
Industry leaders on OCC's board may drive strategic and technological advancements.
SEC's approval of spot Bitcoin ETF options opens new avenues for OCC's services.