International Securities Lending Association (ISLA)’s Post

HSBC Joins Broadridge's DLT Repo Platform! 🚀 In a significant move toward innovation, HSBC has successfully gone live on Broadridge's Distributed Ledger, harnessing the power of smart contracts to enhance operational efficiency, reduce settlement costs, and minimize risks. 💡 Horacio Barakat, Head of Digital Innovation at Broadridge, emphasizes the milestone achieved in transforming the global repo market. 🌍 #fintechrevolution #blockchaininnovation #hsbcxbroadridge #fintechinnovation #blockchainrevolution #dlttransformation #smartcontracts #financialtech #techInfinance #repoplatform #aIinfinance #globalmarketevolution #bondgptplus #ltxprotocol #digitalinnovation #operationalefficiency #financetechnews

🚀 The road to $16trn in tokenized illiquid assets Financial market infrastructure serves a critical role in establishing an industry-wide digital asset ecosystem to drive acceptance of tokenised currencies and assets. The Depository Trust & Clearing Corporation (DTCC), Clearstream, and Euroclear – in collaboration with Boston Consulting Group (BCG) BCG X , outline key essential principles in ensuring legal certainty, encouraging regulatory compliance, developing resilient and secure infrastructure, safeguarding customer assets, facilitating connectivity and interoperability, and striving for operational scalability. Whitepaper: https://lnkd.in/eBxYFHhv #digitalassets #digitalcurrencies #illiquidassets #riskmanagement #interoperability #scalability

Nice coverage from the team at Financial Technologies Forum (FTF) about some of the things we have got happening right here at Duco as we push forward with our data automation mission in capital markets.... #posttrade #capitalmarkets

Earlier this month, J.P. Morgan and Broadridge announced that JPM Coin, the Onyx-division solution for cash on Distributed Ledger Technology, would be available as a settlement mechanism for Broadridge’s Distributed Ledger Repo (DLR) platform. Having a viable cash equivalent for settling digital transactions is an important step forward for adoption of digital collateral markets generally, although there still may be issues that need sorting out. Here’s why cash-on-chain matters and what users might expect next. More on #finadium: https://lnkd.in/eAkthk2d

If a corporation like the DTCC, which holds $87 Billion under custody, is talking about the benefits of distributed ledger technology (DLT), its wide scale adoption will occur at an exponential rate.

According to Citi's latest 'Securities Services Evolution 2023', 87% of report respondents see #CBDCs as a viable option for shorter settlement cycles by 2026! This industry leading survey gauges the importance of #DLT, CBDCs and #stablecoins in expediting this transition. Discover more about achieving accelerated #settlement: https://bit.ly/3Pi63Qt Read the report: https://citi.us/3KVyXTU

Have you already read our newest paper on #digitalassets in collaboration with The Depository Trust & Clearing Corporation (DTCC) and Euroclear? If not, this is your chance! Get your copy here ➡ https://lnkd.in/en4DP93W And learn about the six principles developed by three of the world’s largest financial market infrastructures together with Boston Consulting Group (BCG) to promote the successful adoption of tokenisation and digital asset securities. They should serve as a roadmap for the industry to come together and develop comprehensive standards for the digital asset marketplace.     

Stablecoins are powerful not only because of faster settlement times, but also because they are programmable. It's a leap ahead of RTP and FedNow in the ACH innovation space. Exciting to see financial institutions like Citi implement stablecoin solutions like this: https://lnkd.in/em2Cb5EZ