The decade-long building and implementation of the pan-European settlement system came under fire at the Sibos expo in Sydney as market participants face up to the realities of the project.
Securities at Sibos
Custodians and market infrastructures are being required by regulators to look at the assets they are safeguarding and who they belong to.
New tokenised collateral system will make a ‘winner out of everyone’ as backers eye ambitious expansion
Tokenised collateral mobility system eyes expansion into cash and new regions ahead of market adoption at the end of the year.
Europe’s data protection laws and the incoming CSD Regulation could prevent implementation of the technology in the post-trade area.
The service will streamline corporate actions, dividend and coupon processing across asset classes, business lines and regions.
Big data is becoming a greater value proposition for custodians than the traditional model of asset keeping and settlement.
The DA platform processed more than four times the amount of trades per second than the latest DLT prototype developed by DTCC.
The involvement of CSDs in a governance and operational role could help increase trust of investors, and raise the quality of the crypto-trading ecosystem.
A fully integrated trading, settlement and custody infrastructure for digital assets is set to launch in 2019.