For the third straight year, 存 was named on the 《vnsr威尼斯城官网登入》 Annual Blockchain 50 list of companies that are paving the way in employing distributed ledger technology (DLT).
“存 has been a leader in the digital transformation of financial markets 和 we continue to build on our legacy of innovation,” said Jennifer Peve, 存 Managing Director, Business Innovation. “Through modernization, our goal is to deliver more efficient solutions in the 帖子 trade processing space.”
In 2017, 存 selected IBM, in partnership with Axoni 和 R3, to provide a DLT framework to drive improvements in derivatives 帖子-trade lifecycle events 和 move $11 trillion of credit derivatives to a blockchain. The solution enables 存 和 its clients to further streamline, automate 和 reduce the cost of derivatives processing across the industry by eliminating the need for disjointed, redundant processing capabilities 和 the associated reconciliation costs.
最近, in 2020, 存 unveiled plans to explore the benefits of digitalization in the public 和 private markets 和 whether new technologies can strengthen 帖子-trade processes 和 reduce risks 和 costs. The proposals are contained in two case studies that advance the organization’s efforts to evaluate new ways to enhance 帖子-trade processes through the digitalization of assets. The case studies – 项目离子 和 Project Whitney - examine the potential use of DLT, asset digitalization 和 other emerging technologies. 项目离子 seeks to build on 存’s successful efforts over the past several years to further optimize the settlement process in the public markets, while Project Whitney considers opportunities to provide increased levels of digitalization throughout the private market asset lifecycle.