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Infosys Partners with Clearstream to Enhance Digital Issuance Platform

News Desk by News Desk
September 12, 2024
Infosys Clearstream

Infosys, a digital services and consulting provider, collaborated with Clearstream, the post-trade services part of Deutsche Börse, an international exchange organization and market infrastructure provider.

The collaboration supported the successful Generation to launch of Clearstream’s D7 platform, an innovative digital post-trade platform that allows market participants to issue securities digitally.

Within the project, Infosys assisted Clearstream in driving end-to-end implementation, customization, and deployment alongside go-live and aftercare support. The platform has set a foundation of institutional-grade digital asset infrastructure to unlock the tremendous value of asset tokenization and digital assets.

Daniel Besse, Clearstream CTO, said, “The successful release of D7 Generation 2 is a major achievement and sets the standard for our clients and the industry as a whole, making the digital issuance process faster, easier, and more efficient.”

He added, “Throughout this project, the collaboration of Clearstream and Infosys has been very productive. The enhanced platform lays the foundation for future digitization of financial markets, as adapting to market changes can be done expeditiously. Being an innovation pacesetter in the securities industry, Clearstream has enabled over 150,000 digital issuances via D7 already today, which is more than any digital issuance platform globaly.”

Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys said”, “We are delighted to have collaborated with Clearstream, part of Deutsche Börse, on their digital transformation journey towards the D7 platform for issuance of securities.”

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“This integration has empowered Clearstream to enhance time-to-market, streamline operations, simplify their technology landscape, and effectively manage regulatory changes, all while fostering sustainable growth. This transformation sets an example for future modernization and digitization of the securities and stock exchange industry,” he added.

Also Read: Infosys Foundation USA Launches Tech Innovation Lab in North Carolina

News Desk

News Desk

by CXO VOICE team memebrs, [email protected]

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