Securities Services on Blockchain: A Value Analysis for Custodian Banks
“Blockchain threatens the entire business model of the custody industry today. The findings present custodians with a stark choice. If they embrace blockchain technology but fail to use it to generate new revenue streams, their continued existence is at risk.
On the other hand, the costs savings are compelling enough to transform the economics of the industry, enabling custodians to solve their biggest single challenge: the inability to widen their margins by reducing costs and developing new businesses.”
Contact the authors:
Dominic Hobson | Consultant
McLagan Investment Services
+44 (0)20 7086 5145