The programme demonstrates the interoperability of 22 independent distributed ledger applications in the capital markets domain, achieving the execution of more than 350 simulated transactions
In partnership with global management consultancy Oliver Wyman, the Association for Financial Markets in Europe has published a report discussing the progress of EU banks around climate risk stress testing
The COVID-19 pandemic acted as a “call to arms” for the post-trade industry to improve “cumbersome and outdated” technologies, according to Archie Stebbings, partner at management consulting firm Oliver Wyman
The report showed that changes in investor behaviour, as well as changes in technology and technology-enabled competition, are likely to have the biggest impact on the industry
DTCC, which released the paper on 20 March, said there “is a need for additional efforts around specific cyber-scenarios and limited industry-wide testing”
Although there are still barriers to the widespread adoption of blockchain in capital markets, a ‘wait-and-see’ approach could be damaging, according to a whitepaper by Euroclear and Oliver Wyman...
Non-European members of the Liquidity Alliance will be able to benefit from the implementation of Target2-Securities through their members in Germany and Spain...
Brokers, custodians and regional banks could save between €30 - €70 million per annum with TARGET2-Securities (T2S), according to a new study by Clearsteam and Oliver Wyman...