While there have been technological advancements in capital markets and financial services over recent years, significant parts of the lifecycle across various asset types continue to remain resource constrained, error prone and deeply inefficient. These challenges combined with the ever-increasing regulatory burden on existing and new market participants have driven the need for a solution.
Blockchain technology in capital markets, banking, lending, exchanges and other financial services can eliminate these inefficient processes across the entire lifecycle. This movement to embrace blockchain or distributed ledger technology (DLT) to transform capital markets and fintech has been met with a growing appetite for institutional grade investments, traded through fully regulated vehicles by which clients can trade and invest.
This recent increase in innovation in, and adoption of blockchain/DLT based fintech solutions in capital markets across a wide variety of asset types and across all parts of the lifecycle from issuance, through secondary market trading and into post trade administration is significant with respect to the increase in value to the end consumer.
Head of Digital Assets, Market Technology, Nasdaq
Chief Digital Officer, SIX Digital Exchange (SDX)
Partner, Total Bank Solutions
Platform for the syndicated lending community
Tokens for instant, 24/7 settlement and balance sheet management in Corda
Facilitates large scale and cost efficient collateral transfers across the global financial ecosystem
Digital asset listing, trading, settlement, and custody service on Corda
Private infrastructure for a series of blockchain business applications available to communities of registered, approved members
The Spunta Banca DLT solution, built on Corda Enterprise by SIA, NTT Data and governed by ABI – the Italian Banking Association – is live with over 100 Italian banks, representing 91% of the nation’s banks. In the first 6 months, Spunta Banca DLT has processed 204 million transaction with an automatic match rate of 97.6%, transforming the interbank reconciliation process.
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Finastra is harnessing R3’s Corda Enterprise blockchain to open up a new business line and transform transparency and efficiency in the syndicated loan market.