The DA platform processed more than four times the amount of trades per second than the latest DLT prototype developed by DTCC.
While providers are conscious existing systems are in need of reform, there is trepidation about developing technology which could be disrupted before it even goes live.
The patents build on the recently launched blockchain solution for private equity fund administration, which it partnered with IBM on last year.
Multiple breakthroughs for distributed ledger technology in 10 day span for securities services industry.
Payments Canada, the Bank of Canada and TMX Group conclude that instantaneous equity settlement through distributed ledger technology is “feasible”
Proxy voting and corporate actions have been touted as the perfect starting point for applying DLT to the post-trade.
Experts believe regulators should be more involved in helping the industry develop distributed ledger technology (DLT) and artificial intelligence (AI).