Experts believe regulators should be more involved in helping the industry develop distributed ledger technology (DLT) and artificial intelligence (AI).
Proxy voting and corporate actions was highlighted as a perfect starting point for securities services firms to implement DLT platforms.
Senior ECB advisor expressed concern over the development of a utility settlement coin project currently being backed by the top custodians.
Thomas Zeeb, CEO of SIX Securities Services, speaks to Global Custodian on whether the post-trade world can move beyond the search for scale.
The ASX will decide on whether to go ahead with replacing its post-trade system with a blockchain early next year.
Custody banks are focusing AI implementation on routine, rules-based manual tasks within securities services.
Custodians are seeing new demands from asset managers clients that have shifted their investment strategies to ETFs.
Cyber experts speaking at Sibos argued that firms should prioritise resiliency and recovery over prevention.
State Street will use Deutsche Bank's Settlement Hub to directly access and provide custody services in core T2S markets.
BBVA securities services head believes the industry has come too far in implementing T2S to replace it with blockchain technology.