On 12 June 2017, Calastone announced the completion of the first phase of a proof-of-concept (PoC) to test the feasibility of using distributed ledger technology (blockchain) to further reduce the frictional cost of trading mutual funds across global markets.
This innovation initiative set out a vision for a distributed market infrastructure, using blockchain, which could provide a common marketplace for the trading and settlement of mutual funds.
Our initial findings have been extremely positive and our continued investigation has demonstrated that significant efficiencies can be realised by leveraging this technology. In 2019 Calastone will be migrating core parts of its global transaction network to a private and permissioned blockchain infrastructure. This migration will be the 4th generation of Calastone’s underlying technology.
Blockchain is already recognised as offering great potential across different industries, a view that we share for funds. We therefore welcome any interested parties to register interest in the blockchain initiative by joining our Distributed Market Infrastructure - Special Interest Group.
As a member of the group, you will receive regular news and updates concerning the programme and occasionally may be asked to contribute to the programme through surveys where we may test concepts and ideas.
Please complete the form within this page to register, the group is open to clients and members of the funds community, we therefore ask that you register using your business email and contact details.