Utilizing Axoni's underlying tech, TR has demonstrated how blockchain and smart contracts can bring speed and cost advantages to the complex world of over-the-counter equity swaps.
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Thomson Reuters progresses in Axoni partnership
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CEO of Axoni, Greg Schvey stated: “Complex contracts, a distributed market structure and replicated workflows across many parties make blockchain technology a natural fit for equity derivatives. Demonstrating this can be achieved on the same technology also used to optimize post-trade asset servicing for credit derivatives further proves the multiplicative value of deploying this infrastructure. It was a pleasure to work with influential and forward-thinking parties required to make this project impactful.”
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