DLT and Securities Processing: The Evolution of Operating Models

Each emerging operating model under distributed ledger technology has its own market infrastructures and entities.

April 6, 2023 – DLT provides one more option to process the trade but cannot replace the existing financial market infrastructure over the next three to five years. Trade processing under classic market infrastructure and DLT need collaboration for broader market adoption. Thus, DLT will continue to coexist with classic technologies to bring the transformational potential of DLT in the next five to 10 years.

This Impact Report highlights the various operating models leveraging DLT to move securities and payments and their interactions with classic market infrastructure. It is based on 28 discussions held between September 2022 and February 2023 with industry participants involved in DLT.

Clients of Aite-Novarica Group’s Capital Markets service can download this report.

This report mentions Axoni, Bank of America, BNP, Broadridge, Citibank, DTCC, European Investment Bank, Goldman Sachs, HQLAx, J.P.Morgan, Northern Trust, Paxos, Société Générale, and RBC.

Related Content

Top 10 Trends in Capital Markets, 2023: Aligning Business, Technology, and Operating Models to Compete in an Evolving Landscape

2023 is the time to revisit core business and operating models.

CIO/CTO Checklist: Blockchain and Distributed Ledger

Banks and other financial institutions will need to support activities related to digital assets to remain competitive in the 2020s.  

Paxos Securities Settlement: Creating an Alternative Equity Clearing and Settlement Model in the U.S.

The PSS platform enables existing market participants to settle trades between themselves and reduce the clearing fees and settlement risk.

Get Summary Report

"*" indicates required fields