Blockchain May Solve Capital Markets’ Internal Reconciliation Problems

[kreslik.news]

Blockchain technology could help with a vast number of intersystem data reconciliations taking place horizontally and vertically across enterprises that are not being addressed, according to a new TABB Group research, “Inside Reconciliations: Capital Markets Dirty Little Secret.” The report details the internal reconciliation processes in financial services firms and discusses the potential for distributed ledger technology to help.

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The report’s author, TABB senior analyst Dayle Scher, explains that the capital markets industry suffers from a surfeit of internal reconciliations that result from the ... (read more)