Deploying ‘futuristic technology’ to clearing and settlement will achieve a ‘medieval result’, new report claims
Report says DLT cannot replace clearing and settlement entirely, without imposing the very costs it was designed to reduce.
Tag: blockchain
Peak blockchain or peaked blockchain?
Statistics show growing pessimism for blockchain, while start-ups touting the technology are falling in their thousands. Are we being too hasty in our judgements or has blockchain had its day, asks Charles Gubert.
Broadridge to build European blockchain platform to meet Shareholder Rights Directive
It is also planning a series of process enhancements in order to support both institutional intermediaries for global proxy voting.
New DLT-based European CSD prepares for summer launch
New CSD promising real-time settlement is planning to begin operations from the summer of this year.
Blockchain slower and expensive to implement – German central bank
A trial project using blockchain to transfer and settle securities and cash proved costly and less speedy than the traditional way, the Bundesbank president said.
Euroclear’s innovation lead departs for BNY Mellon
Long-serving innovation head at Euroclear leaves after 15 years at the Belgium-based central securities depositary.
State Street’s senior blockchain technologist departs
One of the founders of State Street's digital transformation programme has left after nearly three years at the bank.
Custody
The Global Custodian Forum: Post-trade industry takes next steps in search for efficiency
Topics discussed at the forum included achieving buy-side operational efficiencies, new front-to-back service models, blockchain, ESG and tokenisation.
Calastone successfully shifts funds network to DLT platform
Calastone has been engaging with a community of early adopters who have had access to the technology, including custodians and fund managers.
BNY Mellon hires PwC blockchain pioneer to lead DLT initiatives
The hire is the latest big name addition for BNY Mellon as it continues to build out its digital leadership.