Fragmentation Fix: Unlocking Efficiency Through Data Standardization

Are standardization efforts in finance hitting a wall? Despite years of work on ISO standards, the financial industry still grapples with fragmentation. However, there's still hope. Markets with good standards have seen 80-90% increases in automation and reduced errors.

Embracing new technologies like blockchain and smart contracts may be the key to unlocking efficiency through data standardization. Could it finally deliver the true industry solution, bringing consistency and transparency to financial processes?

Find out what our experts have to say in this clip from our DTCC Insights episode, “Corporate Actions as a Team Sport”, as Tim Lind, Managing Director, DTCC Data Services hosts Barnaby Nelson, Value Exchange CEO Barnaby Nelson and DTCC Digital Assets CTO Dan Doney.

Prefer to Listen? Subscribe to the DTCC Insights podcast on Apple Podcasts and Spotify to hear the full conversation.