In the second of a three-part video series from The Depository Trust & Clearing Corporation (DTCC), Murray Pozmanter, Managing Director, DTCC Head of Clearing Agency Services and Global Operations and Client Services, explains how DTCC is collaborating with industry participants on proof of concepts and experiments to identify opportunities for leveraging distributed ledgers to enhance the current clearing and settlement processing platform. He emphasizes the importance of consensus among firms to reduce the risk of creating countless new siloes based on different standards.
DTCC Blockchain Video Series, Part 1: Bob Garrison, DTCC CIO, discusses the challenges of integrating distributed ledger technology into the current post-trade fabric.
DTCC Blockchain Video Series, Part 3: Mark Wetjen, Managing Director, Head of Global Public Policy, explains that there is enormous interest among regulators in understanding the technology, how it works and how it fits into the current regulatory framework that has been crafted over many decades.
For more information: DTCC Drives Advancement of Distributed Ledgers: DTCC’s blockchain web site is your comprehensive resource for information on this emerging technology.