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People moves news

OCC promotes Devpura


07 April 2026 US
Reporter: Hansa Tote

Generic business image for news article
Image: LinkedIn
The Options Clearing Corporation (OCC) has promoted Harsh Devpura as the firm’s director of securities finance.

He moves into the role having been with the firm for more than nine years, most recently working as principal and product owner Securities Finance.

In an online statement, Devpura says: “Over the past several years, I have had the opportunity to work across securities lending, collateral, and post-trade systems — an area that continues to evolve in both complexity and importance.

“A large part of this journey has been shaped by OCC’s Ovation initiative, where we are rethinking how core market infrastructure is designed and built, particularly across stock loan and collateral.

“What stands out is how much our industry is at an inflection point — balancing legacy systems with the need to evolve toward more scalable and efficient models.

“The next phase of market infrastructure will be defined by how we rethink collateral, liquidity, settlement, and the role of digital assets.”

Prior to joining OCC in 2016, Devpura held the position of business analyst at Community Brands, before that he worked at Tata Consultancy Services as IT team lead.
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