by Ed Blount, Founder and Director Emeritus | Jun 24, 2020 | All, Cross-Post, Traditions
In the coming corporate bankruptcy crisis, banks and companies perceived as bad actors in society will find their resolution terms to be very harsh. To avoid being diluted or even wiped out, large shareholders and corporate boards of directors must be constantly...
by Ed Blount, Founder and Director Emeritus | Dec 4, 2019 | Commentary, Cross-Post
Stock lending agents and prime brokers were challenged with a once-in-a-career opportunity after the December 3rd, 2019 announcement that Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, had decided to ban the lending of their...
by Ed Blount, Founder and Director Emeritus | Oct 19, 2019 | All, Commentary, Cross-Post
The early torrent of media hyperbole about distributed ledger technologies (DLT), such as blockchain and shared ledgers, has now been supplanted by reflection on lessons learned. Scaling concerns were allayed to some degree by DTCC’s November 2018 report that its...
by Ed Blount, Founder and Director Emeritus | May 13, 2019 | Commentary, Cross-Post
The most powerful Distributed Ledger Technologies (DLT) for securities finance will be cloud-based data lakes in which blockchains and shared ledgers form the currents and eddies. Smart contracts will power the mills that channel the data flows to provide services to...
by Ed Blount, Founder and Director Emeritus | Mar 5, 2019 | Cross-Post, Traditions
The nature of the securities business has changed dramatically in the last decade. A full understanding of those changes is necessary in order to appreciate the challenges facing the industry in the Eighties. Impressive strides have been made since the days of the...
