Blockchain, or distributed ledger technology (DLT), has the potential to disrupt a wide range of business models across the financial services industry. However, the potential application of blockchain to the worlds of market data and reference data has not received that much attention. It’s difficult to predict the extent to which this emerging t...
13 March 2019 Data Management 101
ops - posted wrong link: https://www.linkedin.com/pulse/blockchain-do-you-trust-machine-jean-paul-carbonnier-cfa/
15 Mar 2019 10:07 Read comment
Richard - thanks for the comments, and I agree that this isn't something that would easily be put into action.
David - I agree that the industry has been good at creating utilities - probably because there are functions that are best served by a single entity. The problem lies in the fact that if those utilities are succesful, they end up becoming natural monopolies. That means they have a tendency to become inefficient (even if you try to run them on a cost-plus basis). I am a blockchain sceptic (see from an earlier artlce: https://www.linkedin.com/pulse/market-data-reference-blockchain-jean-paul-carbonnier-cfa/) but I think that its most interesting feature is its networked governance / ownership model - not necessarily smart contracts, immutability or other features of the tech.
15 Mar 2019 10:05 Read comment
In terms of how banks and/or vendors are going to make money from PSD2 and APIs - there are lots of ways. See this article that I wrote a while back.
31 Oct 2017 11:29 Read comment
Data Management 101
Marite FerreroDirector at Lumiere LTD
Anuj PachoreeDirector at Aisces Software Solutions Private Limited
Ian SalmonDirector at IgniteG2M Limited
Sangramsinh PatilDirector at Go Live Faster
Keith MilburnDirector at KPM Change Solutions Ltd
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