DTCC Picks IBM, Axoni, R3 to Develop Distributed-Ledger Solution for Derivatives Processing

IBM and Axoni to develop DLT-based replacement for existing Trade Information Warehouse; R3 to act in advisory role.

Chris Childs, CEO of DTCC Deriv/SERV

The project aims to develop a distributed-ledger technology (DLT) framework to "re-platform" the DTCC's existing Trade Information Warehouse (TIW), which automates record-keeping, lifecycle events and payment management for approximately $11 trillion of cleared and bilateral credit derivatives.

Chris Childs, CEO of DTCC Deriv/SERV, tells WatersTechnology that the TIW is regarded by the industry as the "gold copy record" of credit default swap (CDS) contracts for around 95 percent of the global

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here