Northern Trust Exec: Start Small with Blockchain to Boost Buy-Side Buy-In
Peter Cherecwich, president of global funds services at Northern Trust, shares his thoughts on blockchain.
Peter Cherecwich
In the early 1990s, banks, custodians and broker-dealers began investing money in the formation of the Global Straight Through Processing Association (GSTPA). The goal of the group was to come up with a new settlement infrastructure that would settle all trades and make things more efficient for the entire securities industry. Millions of dollars were poured into GSTPA from the sell side.
Despite initial funding and support, the group dissolved in November 2002, just over two months after its of
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Waters Wavelength Podcast Episode 88: CBOE's Bryan Harkins, SEC Hack, Esma Proposal
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.
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