Citisoft's Ben Keeler Discusses Blockchain with Ignites

Following announcements by State Street and AB that they are piloting projects to utilize blockchain for back-office functions, Ignites explores whether distributed ledger technology could find applications in the near future. Much of this development is focused on reference data and using blockchain to ensure efficiency and data quality. "In an environment where middle- and back-office operations teams still use Excel spreadsheets to manage critical financial information, there's a real need for asset managers to get their data house in order," Citisoft's Keeler says.

Find our more about the potential timeline and applications.