Etrading Software (ETS) announced it’s calling for new members for its Product Advisory Committee (PAC). The PAC will provide a forum for industry to discuss how future regulatory changes will impact the crypto-market landscape.
ETS is a global provider of technology-led solutions designed for financial institutions and industry initiatives, and is an exclusive Registration Authority, (RA), for the new International Organization for Standardization’s, (ISO), standard for Digital Token Identifiers (DTIs).
Other key objectives of the PAC are to provide recommendations on the ISO DTI implementation to ETS and to arbitrate on disputes related to DTI issuance. The scope of work includes providing advice on the utilization of DTIs, on the issuance process for DTIs as well as advising ETS on the implementation of future product enhancements to support RA responsibilities.
Sassan Danesh, managing partner of Etrading Software, said in a statement that the PAC will play a crucial part in ensuring DTIs are “tailor-made for the industry and bring further efficiencies to the market”.
James Haskell, business operations officer at Etrading Software, said in a statement: “DTIs will bring many benefits to users of this burgeoning asset class, from improving liquidity, allowing for easier identification of counterparties, facilitating price discovery and improving the operational efficiency of post-trade processing.”