EquiLend’s Ken DeGiglio, Chief Information Officer, gives insight into the ways the 1Source initiative will transform the industry while being built on the Canton ledger.
“By providing a shared network of trust and transparency, the Canton Network enables participants to leverage the power of decentralized technology, access new markets and drive innovation. Our transformative 1Source initiative, which we are building on the Canton ledger, will serve as a single source of truth for securities finance transactions and will be available to all participants, vendors and market infrastructures globally. The result will be a more efficient, interoperable and future-proof securities finance market,” Ken notes.