Deutsche Bank uses Distributed Ledger Technology to provide global transparency

Deutsche Bank securities services has announced that it has successfully piloted a solution using distributed ledger technology (DLT) to enable further automation of custodial services.

Jeslyn Tan, Global Head of Product Management, Securities Services said of the initiative: “We are very excited about the opportunities that this solution, and the underlying technology, can bring for our future service model. We continue to remain focused on delivering products that increase efficiencies in the value chain, providing relevant and tangible benefits for our clients”

The news has been covered by: Global CustodianAsset Servicing TimesThe BlockchaincryptocryptonewsFinextraPostTrade360, Markets Media, Securities Lending TimesFinancial ITUpcrypto and Fintech Finance