What are some of the milestones and macro trends that distributed ledger technology (DLT) has embarked on in the asset and wealth management space? What are some of the business challenges that DLT is facing, and how could DLT be the potential fix to these business challenges?

Those were some of the topics discussed by a panel of leading industry leaders brought together by the Singapore FinTech Association (SFA) and us — Singapore fintech firm STACS.

From real-time trade processing to same day clearing, ESG fintech, and impact monitoring, the panel dived deep into how global leading asset managers, banks, and middle office providers are working with fintechs on real-life DLT deployments and collaborations. The goal, of course, is to empower financial institutions and the wider ecosystem.

The session was moderated by Matthew Lovatt, Exco at Singapore FinTech Association (SFA) and Tax Director at Deloitte. Speakers included our very own Benjamin Soh, Managing Director at STACSDan Sleep, Senior Vice President of Market Advocacy & Innovation Research at Northern Trust CorporationNadim Jouhid, Head of Investment Solutions APAC at BNP Paribas Securities Services; and Rajnish Sharma, Head of Quant Portfolio Strategies at Eastspring Investments.