Post-Trade Distributed Ledger Group releases numbers, appoints advisers

The Post-Trade Distributed Ledger (PDTL) Group has appointed three external advisers.

PDTL is a gathering place for for stakeholders in the distributed ledger technology sector.

Ernst & Young (EY) will provide general consultancy around Blockchain and distributed ledger technology, Norton Rose Fulbright will advise on legal and regulatory issues affecting PTDL Group and Citigate Dewe Rogerson will assist with public relations activity.

PDTL membership now consists of 37 post-trade institutions and market infrastructure companies. Their rolls include global banks, custodians, CSDs, clearing houses, exchanges, regulators, government agencies, and central banks.

The PTDL organizing committee will be made up of representatives from CME Group, State Street, HSBC, UniCredit, Euroclear and London Stock Exchange Group.

“The potential impact of Blockchain and distributed ledger technology on the post-trade industry is huge, and as with all pioneering developments, there is great excitement but also uncertainty,” Sandra Ro said. Ms. Ro is the Executive Director, Digitization Lead, CME Group and organising committee member of PTDL Group.

“Through PTDL Group, we are connecting post trade practitioners, regulated exchanges, regulators and central banks on this issue to see how best it could benefit the post-trade industry. “