Blockchain’s Big Bang: Revolutionizing Post-Trade Swap Processing
Over-the-counter derivatives, particularly swaps, are a cornerstone of global finance, enabling institutions to manage complex risks. Yet the post-trade processing phase—confirmation, clearing, settlement, and reporting—remains plagued by operational inefficiencies and high costs.
Blockchain technology emerges as a beacon of disruption in this space. Its decentralized ledger capabilities promise to streamline the traditionally convoluted post-trade labyrinth, potentially slashing the ’inefficiency tax’ that has long burdened swap markets.