Banking Technology recently interviewed Andreas Hauser about Deutsche Bank’s learnings from SWIFT’s recently completed landmark proof of concept for nostro reconciliation using DLT
What were the results?
What surprised us?
To mark the conclusion of SWIFT’s sandbox, Hauser shared with Banking Technology that: “Although DLT shows promise, unanswered questions – as well as challenges to adoption – remain. So it is still early days for DLT to be considered mature enough as a basis for a global mission critical financial infrastructure.”
Yet all is not lost.
“The clearest benefits,” he concludes, “are expected for financial institutions – typically medium-sized, regional banks or investment firms – with a higher dependency on nostro services.”
Read the Banking Technology article here.
Senior Business Product Manager for Intraday Liquidity Management, Cash Management | Deutsche Bank
Sign me up
Register for exclusive insights
relevant to your area of
Manage your profile and
preferences to receive exactly
what you need