Through consultation with the Corda community, this evolution is driven by scalability, enhanced privacy and security, user friendly dev tools and the new generation platform’s ability to interconnect and interoperate with other DLT platforms
Panellists on the ‘Settlement efficiency’ panel at this year’s World Forum of Central Securities Depositories agreed that the industry needed to work collectively to improve settlement fail rates
Systemic risk management is “a daunting task but one that is necessary,” according to a panellist at this year’s World Forum of Central Securities Depositories
As part of the mandate, regional firms in Japan will be able to leverage CTM, DTCC’s platform for the central matching of cash securities transactions, directly from NRI’s SmartBridge Advance solution
The Depository Trust and Clearing Corporation has launched a LIBOR Benchmark Replacement Index solution to support the industry’s transition to alternative benchmark rates ahead of the 30 June LIBOR cessation
Barnaby Nelson, CEO of the ValueExchange (pictured), says: “A consistent 40 per cent of market participants are still unsure of how and when they will prepare for the move to T+1 settlement"