Hackathon finds pre-trade gold in Isda’s post-trade project

Dealers’ derivatives trade processing costs could be cut by at least $3 billion per year

They came to Barclays’ offices from around the world – 30 teams of software engineers competing in a hackathon to save money for derivatives dealers. The shared starting point was the latest version of a new industry approach to the way trades and lifecycle events are classified, but each team then had to take it further – to find new uses.

And they did – promising interoperability between competing blockchains and front-office applications that spin an earlier post-trade focus on its head. 


To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: