Bank Depository User Group
The Bank Depository User Group (BDUG), established in 1982, serves as a crucial organization in shaping the future of bank depository operations. Representing over 25 member organizations, including trust banks, custodians, and key market participants, BDUG fosters collaboration and innovation within the financial industry.
BDUG enhances communication across market participants and collaborates with regulatory bodies such as DTCC, the Federal Reserve, and the OCC to address evolving operational and regulatory landscape needs. Through educational resources and annual conferences, members gain insights and influence industry standards while promoting a cooperative spirit among stakeholders.
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