Trading & Risk Management: Blockchain & beyond
Brad Levy, Senior Vice President, Global Head of Loans, IHS Markit & Chief Executive Officer of MarkitSERV, IHS Markit; Rana Basu, Chief Operating Officer, Ondiflo; Dan Berkovitz, Commissioner, U.S. Commodity Futures Trading Commission (CFTC); Alistair Cross, Chief Operations Officer, Mercuria Energy Trading; Lyon Hardgrave, Vice President, Business & Product Development, VAKT Global. Financial services provide clear cases of the effective use of blockchain to reduce costs, improve transparency, increase liquidity, and ultimately improve markets. Can blockchain do the same for energy trading in all its forms, and ultimately risk management? Can the industry work together to create secure platforms for deal validation, risk management, compliance monitoring? Can blockchain technology handle confirmation, trade reconciliation, and chain of custody documentation to transform global markets?