The current process of clearing trades is slow and inefficient, with many incompatible systems being used to manage certain workflows.
By connecting directly to your counterparties, you can cut out the middlemen, and work to turn off the legacy systems that on average take up 80% of IT budgets in capital markets.
Buy directly from product issuers by leaving the DLT do the heavy lifting for clearing and settlement. Take it a step further by requesting products off issuers to have it filled within seconds.
Streamline the entire sales process through instant notifications of product requests from your clients. Issue directly to the DLT as an open order or directly notify the requester.
Reduce the need for reconciliations by having a single source of truth for all internal systems and for your counterparty's systems.
Give restricted access to regulators, auditors and clients to their part of the DLT to cut out differing reporting workflows.
One step closer to getting rid of those legacy systems.