The Slow Road to Blockchain in Derivatives

In this interview by Lynn Strongin Dodds for DerivSource, Paul Dobbs gives his thoughts on the reasons behind the slow uptake of blockchain in derivatives

“There are too many people and manual/semi processes involved post trade. However, the fact is that the technology is still not broadly adopted. One reason is that financial services in general was late to the party to look at blockchain and what I have seen is that there is still an insufficient level of internal expertise to roll it out and gain acceptance throughout an organisation.”

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About the author

I help banks move from regulatory box ticking to producing highly optimised frameworks on workflows, processes, technology and people.