Blockchain & Cryptography

Euclid has been working on Blockchain & Cryptography for over a year developing solutions geared towards derivatives trade, post-trade & settlement processes. Euclid has developed the solutions using Ethereum and Hyperledger Fabric.

A Block Chain is a decentralized and distributed digital ledger with immutable records and a secure network. It enables global business transactions with less friction and more trust. The Block Chain concept has generated a huge amount of interest within capital markets. Block Chain offers a new approach to the data management as a solution to many of the inefficiencies afflicting the industry. It offers is a new architecture to capital market participants a common data sets in near real-time where supporting operations are either streamlined or made redundant.

Potential benefits of Block Chain technology in the capital market ecosystem –

Pre-trade

Simpler KYC
Transparency and verification of holdings
Reduced credit exposures

Trade

Secure and Real-time transaction matching & settlement
Automatic settlement on a cash ledger
Automatic and transparent reporting for market and regulatory authorities

Post Trade

Auto-execution of smart contracts
No central clearing for real-time cash transactions
Reduced margin/ collateral requirements
Faster and efficient processing
Reduction in cost for clients

Securities servicing

Direct issuance of Primary Securities
Automation of security services processes
Simplification of fund servicing, accounting and allocations
Automatic processing of Fund Subscription or Redemption

Adoption of a new technology depends upon the disruptive developments, collaborative efforts and regulations. Financial institutions and banks have already started investments for the adoption of Block Chain technology and working with Fintech start-ups and innovators.

We have developed the following use-cases using Ethereum & Hyperledger Fabric.

KYC Data
Collateral Management
Clearing and Settlements
Securities Depository
Securities Servicing