Infosys, a global pioneer in next-generation digital services and consulting, announced that it has collaborated with Clearstream, the post-trade services part of Deutsche Börse, an international exchange organization and pioneering provider of market infrastructure.
The collaboration supported the successful Generation 2 launch of Clearstream's D7 platform, an innovative digital post-trade platform that allows market participants to issue securities digitally.
Release of D7 Generation 2
Infosys assisted Clearstream in driving end-to-end implementation and customization
Within the project, Infosys assisted Clearstream in driving end-to-end implementation, customization, and deployment alongside go-live and aftercare support. The platform has set a foundation of institutional-grade, digital asset infrastructure to unlock the tremendous value of asset tokenization and digital assets.
Daniel Besse, Clearstream CTO, said, "The successful release of D7 Generation 2 is a major achievement and sets the standard for our clients and the industry as a whole, making the digital issuance process faster, easier, and more efficient. Throughout this project, the collaboration of Clearstream and Infosys has been very productive."
Digitisation of financial markets
Besse added: "The enhanced platform lays the foundation for future digitization of financial markets as adapting to market changes can be done expeditiously. Being an innovation pacesetter in the securities industry, Clearstream has enabled over 150,000 digital issuances via D7 already today, which is more than any digital issuance platform globally."
Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services, Infosys, said, "We are delighted to have collaborated with Clearstream, part of Deutsche Börse, on their digital transformation journey towards the D7 platform for issuance of securities. This integration has empowered Clearstream to enhance time-to-market, streamline operations, simplify their technology landscape, and effectively manage regulatory changes, all while fostering sustainable growth. This transformation sets an example for future modernization and digitization of the securities and stock exchange industry."
