HQLAᵡ enables market participants to transfer ownership of securities seamlessly across disparate collateral pools at precise moments in time. This allows our clients to optimize their liquidity management and collateral management activities, thereby generating operational efficiency gains and capital cost savings.
Today
Tomorrow
Despite a lot of buzz around distributed ledger technology (DLT), there has not been widespread adoption in the post-trade space to date, as firms focused on experimentation and proof-of-concept projects. In a DerivSource podcast, Martin O’Connell, solutions architect at DLT vendor HQLAᵡ discusses the evolution of the technology and why 2023 is set to be a breakout year for DLT platforms in the securities lending and repo space.
HQLAᵡ, a Distributed Ledger Technology (DLT) platform in collateral markets, offers a solution that digitizes collateral by ISIN. We set out to identify if HQLAᵡ’s Digital Collateral Records (DCRs) would have helped ease the operational or market burden of margin processing and Gilt volatility this past fall.
Fnality and HQLAᵡ demonstrate together with Banco Santander, Goldman Sachs and UBS, the first cross-chain repo swap pilot across Corda and Enterprise Ethereum, paving the way for the settlement of intraday transactions