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By Philippe SEYLL, CEO Clearstream Banking S.A. and Head of Investment Fund Services
I work for an incumbent. After all, Clearstream, Deutsche Börse Group’s provider of post-trading infrastructure, is celebrating its 50th anniversary this year. In today’s fast-moving environment, there’s one question I hear quite often: how do you deal with “disruptive” new technologies as an incumbent?
New technologies have become a key topic in any industry, but particularly in the financial industry: especially when you are a provider of market infrastructure and function essentially as an intermediary between the end parties of a transaction.
Some of these new technologies – first and foremost DLT/blockchain – seem to herald a new decentralised...
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