2019-07-17

Agenda

Attendees

Mani Pillai, Swapshub
Ron Quaranta, WSBA
Jonathan Deeter, Bond.One
Milena Kohlhofer, Citi --can't use Zoom or chat since it is blocked
Dusan Gajic, RealMarket CEO, Assistant Professor at University of Novi Sad, building alternative finance solutions
Kelly Cooper, community college administrator, app for opportunity zones in US
Kirthi Gogulamudi, asset investment
Murali, State Street applying custody to blockchain
Rashad Kurbanov, iownit.us, financial technology using hyperledger, will comply with US securities regs,
Ravi, entrepreneur Civitas
Stan Liberman, CME Group derivatives exchanges, leads DLT and Blockchain Lab
Bobbi Muscara Ledger Academy
Karen Ottoni, Linux Foundation
Vipin Bharathan, dlt.nyc

Recordings

Audio

Video

Chat

Meeting Notes

Karen went over the slides that introduced the SIG and general concepts around SIGs, WGs, duties of a chair etc. Capital Markets SIG Launch (3).pdf

Informal poll on logo for CMSIG we were presented with two choices (2 seems to have won on the Zoom chat) we will socialize further.

Please volunteer for vice-chair.

Please volunteer to take notes and recordings

Suggested activities

Vipin: develop a taxonomy for capital markets
Murali: +1 on taxonomy, give an overarching introduction, definitions,
Mani: blockchain spans products and industries, identify or formulate a data standard to look at gaps
Vipin: CDM is an excellent standard, DAH in Australia using ISO20022 which is widely used elsewhere, India stack standard, and other nations or international organisations like IMF, BIS, Euroclear etc. develop a standard map (to map from standards to taxonomies). In the SIG proposal, suggests we add in taxonomy first as an activity and map individual groups to data standards and regulations
Stan: +1 on taxonomy, common data format is a common issue, he's also looking at CDM. Another thing to consider is use cases, pick ones that are a good fit for capital markets, in contrast to others that are not good fits. What does it mean to be a good use case for blockchain in Capital Markets. Should we use an objective measure without cutting off true innovations.
Kelly: Likes idea of taxonomy, but suggests identifying 3 real obstacles that we're running into this space, go deep on what are the pain points so that a wide audience can have input on how to help with those roadblocks to adoption in the Capital markets space. Can be technology, compliance, corruption. Perspectives from CEOs and founders are invaluable, specificity to Capital Markets.
Topic leads