Global Custodian’s Industry Leaders award winners announced
SS&C’s Bill Stone takes home Lifetime Achievement award as Pershing, Trident Trust, Ultimus, Digital Asset, BNP Paribas and Morgan Stanley all win big.
SS&C’s Bill Stone takes home Lifetime Achievement award as Pershing, Trident Trust, Ultimus, Digital Asset, BNP Paribas and Morgan Stanley all win big.
Despite being lauded for its potential to revolutionise the financial ecosystem, concerns remain over the energy use of blockchain after widespread reports of its impact on the environment.
HKEX will trial the technology to help complete post-trade allocations and processing for northbound trades under Stock Connect within a tight settlement window.
Blythe Masters believes internal benefits of blockchain technology might be being overlooked.
The DA platform processed more than four times the amount of trades per second than the latest DLT prototype developed by DTCC.
DTCC built a blockchain-based clearing and settlement platform that could process over 100 million US equities trades per day
Custodians stand to benefit from using the technology for new revenue-generating products around data services.
Digital Asset’s head of Europe sees potential opportunity through distributed ledger technology in settlement for securities lending between when counterparties want to settle.
The project could serve as the basis for other market infrastructures to revamp their post-trade systems using the technology.