Blockchain in the cash and securities settlement space: Utopia or reality?
Cash and securities settlements are ripe for innovation. While the combined use of technology and Standards has certainly increased automation, it has also led to an increase in the volume of data that needs to be exchanged and reconciled between intermediaries, which increases operational risk and inflates costs. Maybe that is why distributed ledger technology (DLT) - with its promise of a single immutable record accessible by all parties simultaneously - is advanced as the next generation technology to solve existing inefficiencies. In this session, a series of DLT initiatives will be debated, and tested for workability, resilience, capacity, adoption and regulatory acceptability.