This week, Jerome Kemp, president at Baton Systems, a company looking to transform post-trade processing using distributed ledger technology (DLT), joins Wei-Shen on the podcast. They talk about the processes within the post-trade ecosystem that can benefit from DLT and some of the challenges that firms face in the implementation phase.
3:00 – Jerome joins the podcast and gives an overview of his career and Baton Systems.
6:30 – He talks through the main challenges within the post-trade ecosystem.
10:00 – Why is DLT a good fit for post-trade? Which process would benefit most?
14:00 – There needs to be some reality testing before using DLT to solve a problem.
18:00 – Where do firms encounter challenges when implementing a DLT-based system?
22:30 – Jerome talks about a recent partnership between Baton and BNY Mellon.
31:30 – Any solution only works as well and fast as the slowest in the chain. How can this change?
34:30 – What other technologies are driving change in post-trade processes?