Working on distributed ledger implementation strategies as part of Credit Suisse’s Blockchain Center of Competency. Current focus is on leveraging the technology to reduce post-trade costs, for example, eliminating manual reconciliations in middle and back offices through smart contract automation.

Distributed Ledger Technology (DLT) not only impacts operational costs, it also reduces capital charges through counterparty risk mitigation, reductions in balance sheet usage and expedited settlement times. Scope is expanding to include revenue-generating opportunities made possible by the technology as DLT is maturing into a significant pillar in the overall innovation portfolio.