Capital markets infrastructure has languished relatively unchanged for many years, but the digitalisation revolution is accelerating and the drain on time and resources caused by antique securities settlement infrastructure is becoming more and more obvious. Banks, technology companies, issuers and regulators are working swiftly on improving the settlement architecture across asset classes.
The flagship ‘Future of capital markets’ conference brought together key financial market actors, regulators and multilateral institutions to explore the benefits and risks of the application of new technologies, such as distributed ledger technology, to financial assets and capital market infrastructures. The conference marked the launch of the ‘Future of capital markets’. The report includes a survey of public sector funding teams on their plans for and expectations of digital assets.