Digital Asset joins ISSA 04 April 2016New York Reporter: Stephanie Palmer
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Digital Asset Holdings has joined the International Securities Services Association (ISSA), a trade body for the post-trade securities services industry, effective immediately.
The software company, founded in 2014, provides encrypted straight-through processing tools with the intention of improving efficiency, security and settlement speed.
CEO of Digital Asset Blythe Masters previously spent 27 years at J.P. Morgan Chase. She is due to speak about transformative technologies from a vendor view at the ISSA Symposium event in May.
Digital Asset also announced last month that it is working with the Depository Trust and Clearing Corporation (DTCC) to develop a solution using distributed ledger technology for managing repo clearing and settlement.
The blockchain initiative will cover US treasury, agency, and agency mortgage-backed repo transactions that are matched and verified through DTCC’s Fixed Income Clearing Corporation (FICC).
In January, Digital Asset was also mandated by the Australian Securities Exchange to develop distributed ledger solutions for the Australian equities market.
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