BlackRock calls for blockchain to fix futures processing snags

The asset manager wants the industry to move faster in adopting a “single source of truth” model.

Distributed ledger technology (DLT) should be used to mend the operational breakdowns in futures processing seen during the pandemic-induced meltdown of 2020, according to the world’s largest asset manager.

“A DLT-type solution is a perfect example of how you would distribute data and a single source of truth. And that allows us to move away from a model where we essentially have every single participant across the industry replicating and reconciling, and ultimately burning a lot of calories,”

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 [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] 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

If you already have an account, please sign in here.

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: