DTCC’s Blockchain-Powered Trade Information Warehouse Set for Late 2019 Launch
The credit derivatives processing facility will go live on the distributed ledger platform by the end of the year.
One of the more ambitious market-structure projects utilizing blockchain is now complete and is set to go live by the end of the year, according to executives at the Depository Trust & Clearing Corp. (DTCC).
The Trade Information Warehouse (TIW), which handles lifecycle events in the majority of trades in the $12 trillion credit derivatives market and is operated by the DTCC, will be implemented around the middle of the fourth quarter of 2019.
“We’ve been undergoing a period of robust testing
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