Cloud trumps blockchain: DTCC’s TIW goes live, and no one’s choosing the DLT option
Sources say the industry is not yet ready to fully adopt wide-scale implementations of distributed-ledger technologies.
The Depository Trust & Clearing Corporation’s long-anticipated re-platforming of its Trade Information Warehouse (TIW) project went live in October 2022. The service has been delivered on cloud technology with support for distributed-ledger technology (DLT) capabilities at the access layer. It would appear, though, that no one is interested in connecting through the latter.
Three sources with knowledge of the re-platforming told WatersTechnology that so far, all clients have connected to the
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 print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
This Week: SS&C unveils T+1 preparedness scorecard; S&P/DTCC; SmartStream & more
A summary of the latest financial technology news.
The bank quant who wants to stop genAI hallucinating
Former Wells Fargo model risk chief Agus Sudjianto thinks he has found a way to validate large language models.
Prepare now for the inevitable: T+1 isn’t just a US challenge
The DTCC’s Val Wotton believes that firms around the globe should view North America’s move to T+1 as an opportunity—because it’s inevitable.
Man Group’s proprietary data platform is a timesaver for quants
The investment firm’s head of data delves into its alt data strategy and use of AI tools to boost quant efficiency.
Waters Wavelength Podcast: An exploration of the DeFi world
Daniel Liebau from Lightbulb Capital joins the podcast and dives into DeFi.
Nasdaq CEO: GenAI ‘a whole new opportunity’
Nasdaq CEO Adena Friedman and other top execs outlined a range of use cases for generative AI and other emerging technologies during its Investor Day.
Native digital assets—a Kodak moment for financial services
Ian Hunt argues that ignoring a new business model for investment products, assets, transactions and asset servicing could sentence financial firms to the same fate as the fallen film photography giant.
This Week: Overbond, Northern Trust, FIS/Torstone, Trading Technologies, and more
A summary of the latest financial technology news.
Most read
- Women in Technology & Data Awards 2024: All the winners
- Man Group’s proprietary data platform is a timesaver for quants
- Dark horse: Deutsche Börse building dark pool