Description

This two-hour program will explore the application of permissioned blockchain technology to the securities industry existing infrastructure, namely clearance and settlement. The potential to lower cost in the post-trade processing arena is extensive, but there are numerous barriers and challenges to broad adoption, presented by issues such as legacy infrastructures, security and compliance. Ongoing efforts in the securities industry to effectively deploy this technology will be discussed.

Course Objectives

By the end of the course, participants will be able to:

• Examine the purpose of clearance and settlement functions after the execution of a trade, how it is supported in the securities’ industry existing infrastructure and its limitations
• Broadly define how permissioned blockchain technology works and its use case and application in the clearance and settlement environment
• Consider the economics of blockchain for clearing and settlement, the challenges to its adoption, and how these might be addressed
• Explore ongoing blockchain technology projects in the global securities industry, including post-trade processing in the US, Australia, Japan, India, and other markets
• Discuss the path forward – will the result be implementations that are actually on a blockchain vs “blockchain inspired” deliverables?

Prerequisites: None

Program Level: Foundational

Target Audience: Anyone who wants to learn about leveraging Blockchain for trade clearance and settlement, such as staff from operations, IT, middle office, or HR, and regulators who work closely with various aspects of the securities markets.

Advance Preparation: None

Computers and Financial Calculators: N/A

Recommended CPE Credits: 2.4

Duration: 2 Hours

Time: 9:00-11:00 a.m. ET

Price: $279/learner