Private placement securities solution

Challenge

• Margin under pressure due to heavy administration costs associated with private placements operations
• Held on paper, lack of standardization, archaic and outdated system
• Investor access difficulties and inefficiencies causing significant delays

Solution

• Digital Vault will give investors real-time access to records of securities bought on private markets
• Implemented on R3’s Corda, it allows creation of a seamless workflow throughout the entire lifecycle of private placements from months to days

Why Corda?

• Chosen for being the most suitable DLT platform due to asset agnostic, scalability, privacy, and ease of auditing

Results

• $20B valued assets during launch
• Cutting down administration costs and delays from issuance to participation
• $7.7T target market
• HSBC became the first bank in the world to offer tokenized gold, held in the bank’s London vault.