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Blockchain Innovation for a Modern Capital Markets Platform

Location

Global

Industry

Client

The client provides capital markets exchange services.

Challenge

The client sought to leverage Blockchain technology to develop an innovative, transparent, and secure product with easy tracking and a trusted environment.

Solution

The platform keeps a Blockchain ledger for each user that stores data about their shares, as well as provides financial operations capabilities, enabling users to trade them and conduct transactions. All data, including signed transaction contracts, are stored in the ledger.

The versatile system developed has an embedded auction tool that allows platform participants to buy shares from each other, making sale/purchase requests as soon as an auction begins. After users place their bids, the system performs an auction settlement and matching requests are executed automatically as deals.

The client also offers premium services for VIP customers, entitling them to special features such as a first-priority service and guaranteed sale/purchase price limit for a fixed amount of shares.

Highlights

  • Automated multiple workflows and digitalized paperwork processes connected with clearing and settlement
  • Transparent and optimized exchange
  • Transactions ledger system
  • Automated auction settlement system

Business Benefits

  • Reduced OPEX and streamlined asset allocation
  • Simplified compliance reporting
  • Faster clearing and settlement
  • Increased customer loyalty
  • New market expansion
  • Scalable business model
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