Past sibos: Toronto 2017

Blockchain: International CSDs showcase a market solution for cross-border collateral mobilization

17 October 2017
09:30 to 10:30
Community session Conference Room 4
Vice President/ Functional Head
Clearstream Banking
Vice President/ Functional Head
Canadian Derivatives Clearing Corporation
Departmental Manager
Managing Director/ Director / EVP
Board Member / CEO / CFO
Clearstream Banking

Four members of the ‘Liquidity Alliance’, an international group of CSDs have launched an initiative leveraging blockchain technology to ease cross-border mobilisation of security collateral. With this solution, CDS, Clearstream, Strate and VPS aim to overcome existing hurdles when moving collateral across various jurisdictions. Their Distributed Ledger Technology (DLT) based ‘LA Ledger’ prototype enables a centralised, faster and more efficient allocation of fragmented security positions to cover financial obligations of market participants in multiple jurisdictions. In this session, the four CSDs showcase their prototype and share first experience on the building phase and the various validation processes with market participants and regulators.

Main conference session
17 October 2017
09:15 to 10:00
Main conference session SWIFTLab
Public workshop
17 October 2017
09:30 to 10:20
Public workshop Standards Forum - Sessions