2024 Digital Trends: DTCC

2024 Digital Trends: DTCC

By Nadine Chakar (pictured), Managing Director, Global Head of DTCC Digital Assets.

 

As 2023 draws to a close, DTCC’s Nadine Chakar, Managing Director, Global Head of DTCC Digital Assets, shares her views on key digital trends that will dominate in 2024:

“With DTCC’s recent acquisition of Securrency, 2024 will usher in a transformative era for financial markets, as we advance the industry’s digital evolution through the adoption of DLT. The new business, known as DTCC Digital Assets, will play a pivotal role in digital assets management and transaction automation. We’ll bridge the gap between traditional financial systems and DeFi, creating new levels of transparency and new data sources that will aid in compliance and transaction reporting.

Looking ahead, we expect firms to prioritize asset tokenization, process automation and seamless post-trade settlement, as they consider blockchain technology to drive greater distribution and enhanced

efficiency for post-trade processes. Cross-chain interoperability and the establishment of industry standards will remain critical enablers for sustaining the emerging digital asset ecosystem. We are excited to lead this remarkable transformation that will reshape the financial landscape.”