- 37 financial institutions involved in the post-trade industry are now members of PTDL Group
- The Group’s organising committee will be made up of representatives from six organisations
The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to share information and ideas about how distributed ledger technologies could transform the post-trade landscape, has announced the appointment of three external advisers.
Ernst & Young (EY) will provide general consultancy around Blockchain and distributed ledger technology, Norton Rose Fulbright will advise on legal and regulatory issues affecting PTDL Group and Citigate Dewe Rogerson will assist with public relations activity.
PTDL Group is also announcing that 37 post-trade financial institutions and prominent market infrastructure companies are now members. The geographically diverse membership includes global banks, custodians, CSDs, clearing houses, exchanges, regulators, government agencies, and central banks. Further organisations are set to join in the next few months.
PTDL has also announced that the Group’s organising committee will be made up of representatives from CME Group, State Street, HSBC, UniCredit, Euroclear and London Stock Exchange Group.
Sandra Ro, Executive Director, Digitization Lead, CME Group and organising committee member of PTDL Group said: “The potential impact of Blockchain and distributed ledger technology on the post-trade industry is huge, and as with all pioneering developments, there is great excitement but also uncertainty.
“Through PTDL Group, we are connecting post trade practitioners, regulated exchanges, regulators and central banks on this issue to see how best it could benefit the post-trade industry. However, in order to do this effectively, we need external partners with specific specialisms, and we are delighted to be working with EY, Norton Rose Fulbright and Citigate Dewe Rogerson
