Modernizing the ABS Market With Blockchain

Though the asset-backed securities market is one of the largest fixed income markets globally, it remains plagued with disparate systems and paper-intensive processes, driving transactions that are measured in weeks rather than seconds, acknowledges Charlie Moore, CEO, Global Debt Registry. But that means there is a major opportunity to leverage technologies such as distributed ledger to improve the efficiency of the market. Speaking with TABB Group head of fixed income research George Bollenbacher, Moore explains how a private, permissioned blockchain can reduce costs and improve reliability in the ABS market.

 

Interviewer: George Bollenbacher

Source: TABB TV

Categories: Fintech / Crypto, Fixed Income, Regulatory

Topics: Clearing and settlement, Compliance, Data management, Fixed Income, Market data, Market structure: Exchanges, ATSs, ECNs, Market Surveillance/Technology, Risk management, Trading technology infrastructure

TabbFORUM is an open community that provides a platform for capital markets professionals to share their ideas and thought leadership with their peers. The views and opinions expressed are solely those of the author(s). They do not necessarily reflect the opinions of TABB Group, its analysts, TabbFORUM and its editors, or their employees, affiliates and partners.

Comments

Add a Comment

Your email address will not be published. Required fields are marked *