It takes a certain level of confidence to be optimistic about your own demise. Mike Bodson has it down to an art form.
The chief executive of the Depository Trust and Clearing Corporation (DTCC) is convinced, it seems, that distributed-ledger technology (DLT) will spell the end of the DTCC as the industry knows it.
“From where we sit, we were created because you need a golden copy of trade records. We’re going to disappear. I keep telling everyone who comes to work for me, where we are now is
Bloomberg's Gerard Francis comes on the podcast to talk about how data fragmentation issues are becoming more challenging.Subscribe to Weekly Wrap emails