Deutsche Börse Introduces Digital Post-Trade Platform
Deutsche Börse, one of the prominent global market infrastructure providers, today announced that the Group is planning to launch a next-generation digital post-trade platform.
Dubbed ‘D7’, the new regulatory compliant platform will enable end-to-end digital securities processing. According to Deutsche Börse, the new cloud-backed and DLT-ready D7 platform will enable market participants to digitize their financial products.
For the launch, Deutsche Börse has collaborated with several leading German and international financial firms to establish a market-ready digital infrastructure. Launch partners include BNP Paribas, Citi, DekaBank, Deutsche Bank, dwpbank, DZ Bank, Goldman Sachs, Raiffeisen Bank International and Vontobel.
Commenting on the recent announcement, Stephan Leithner, member of the Executive Board of Deutsche Börse, responsible for Pre- & Post-Trading, said: “With D7, we’re providing the financial community with a next-generation digital securities post-trade platform to unlock the potential of truly digital and decentralized finance. It’s time not only to digitize single processes; it’s time to reinvent post-trading altogether for a stronger, more sustainable and digital future of securities markets.”
Deutsche Börse has expanded its services and offerings substantially since the start of 2021. The Group recently enhanced its analytics offering with HHI Insights.
D7 Platform
The newly introduced platform will facilitate users through same-day issuance and paperless, automated straight-through processing for the entire value chain of issuance, custody, settlement, payment, and asset servicing for digital securities. Deutsche Börse mentioned that D7 will complement the Group’s established “7 Market Technology” infrastructure portfolio.
“D7 reflects our strategic ambitions and the clear focus we put on fostering innovation and new technologies. We are creating the next generation of future-proof financial infrastructure for the digital era, delivering cutting-edge technology and services, and paving the way for the transformation towards digital markets for our industry,” Christoph Böhm, CIO/COO and member of the Executive Board of Deutsche Börse, commented.
In its recent financial results, Deutsche Börse posted a strong jump in the overall revenues due to a surge in demand for its financial products.
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