This is a guest opinion post from Leo Labeis, CEO of REGnosys.
Over the past decade, building a more efficient and robust post-trade processing framework has become a key priority for financial institutions. Technology has played a central role in this transition, with firms increasingly turning to digital solutions to tackle the complexity and volume of post-trade operations.
The Common Domain Model (CDM) and blockchain – or distributed ledger technology (DLT) more generally – are two of the most promising technologies to emerge from this transition. The CDM is a standardised, machine-executable model of how financial products are traded and managed through their lifecycle. ISDA has been developing the CDM for derivatives in open source since 2019. Both technologies have the potential to radically streamline post-trade operations and could save firms huge costs.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
