HQLAᵡ is proud to have contributed to the World Economic Forum study on the role that digital assets and DLT will play in shaping the future of capital markets. This is a comprehensive and informative study which highlights the significant potential that DLT has across many use cases in capital markets.
This extract was first published in the World Economic Forum Insight Report May 2021 (p. 77).
DLT platform for securities swaps across collateral pools
HQLAᵡ is a technology provider that has developed a securities lending platform to enable institutions to seamlessly swap the high-quality liquid assets needed to meet the liquidity coverage ratio, enabling institutions to better optimize their holdings. The platform has onboarded most major European custodians/tri-party agents, including Euroclear, JPMorgan, BNY Mellon, Citi, Clearstream and BNP Paribas. Several banks have conducted tests or live swaps using HQLAᵡ, including ING, UBS, Credit Suisse and Goldman Sachs.