Episode 261: The case for DLT in post-trade

Waters Wavelength

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?