In 2020, DTCC published the Project Whitney case study, a multi-phase project that addressed a range of issues including manual processes, market fragmentation, regulatory uncertainty and a lack of trusted providers. Project Whitney served as a catalyst for deeper and more comprehensive collaboration with clients and stakeholders to further understand the challenges and pain points in private markets in their ‘traditional’ format, as well as new issues created by security tokenization.
The results of that stakeholder collaboration and engagement were shared in the 2021 industry report, Digital Securities Management: Bringing Private Markets Infrastructure Into the 21st Century.
In this video, DTCC’s Stephen Prosperi, Director, Innovation Strategy & Design discusses the DTCC Digital Securities Management (DSM) Platform, providing insight into the benefits across the private market ecosystem and the path toward production.
Related: Approaching the Digital Asset Ecosystem