The Depository Trust and Clearing Corp. (DTCC) is moving to the next phase in its project to “re-platform” its credit derivatives processing utility using blockchain technology.
DTCC will begin the testing phase of the Trade Information Warehouse (TIW), with 15 participant banks as well as MarkitSERV. Once the testing on the new platform, which has been built using distributed-ledger technology is complete, DTCC will involve a larger group in a second phase. Testing is expected to end by the
Pete talks about privacy and convenience—and where firms tend to get tripped up when walking this balance beam.Subscribe to Weekly Wrap emails