Waters Wavelength Podcast: DTCC’s Peve on using tokenization to streamline private markets
Jennifer Peve, managing director and head of strategy and business development at DTCC, discusses the Digital Securities Management (DSM) platform the firm is working on for US private markets.
Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can click on the download button in the player above.
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This week, Jennifer Peve, managing director, and head of strategy and business development at DTCC, joins Wei-Shen on the podcast. They discuss how tokenization could help solve some of the challenges in US private markets and how the Digital Securities Management (DSM) platform that DTCC aims to launch in 2022 can potentially help.
3:00 – Jennifer joins the podcast and gives an overview of the challenges in the private markets and how a tokenized solution can help.
7:00 – Then, she walks through how DSM looks to achieve.
10:30 – What does “good control location” mean?
16:00 – Jennifer details the genesis of Project Whitney and how it led to DSM.
18:00 – She then points to how the transaction consent engine paired the public blockchain and DSM can restrict unvalidated transactions.
22:00 – DTCC could extend DSM to other use cases in the future.
27:30 – There’s a bit more work to do before DSM launches.
30:00 – Jennifer gives her thoughts on how blockchain projects have developed in the past year.
Contact Info:
As is the case with everything we do, we'd love to get some feedback from our listeners.
Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com
Anthony Malakian: + 1 646 490 3973; anthony.malakian@infopro-digital.com
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Episode 237: Former Standard Chartered CDO details AI in capital markets and regulators’ approach
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Episode 239: The ‘E’ in ESG and quarantine woes
Episode 240: Firms can't afford to miss out on digital assets, says SBI Digital Markets
Episode 241: Big Tech and the capital markets
Episode 242: State Street’s COO on acquisition strategy
Episode 243: LSEG’s head of innovation on strategy and deep learning
Episode 244: IBM’s Likhit Wagle on modernizing mainframes
Episode 245: Sustainability and the circular economy
Episode 246: Bill Murphy on innovation discovery
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