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Deloitte sees blockchain solution for EMIR reporting

Deloitte says it has a solution to conforming with transaction-reporting rules under the European Market Infrastructure Regulation: the company’s pilot blockchain technology. “With a distributed-ledger technology solution, the transaction data will be readily available to the trade repositories and regulators in a unified form, and there will no longer be any need for time-consuming reconciliation,” Deloitte’s Laurent Collet said.

Banking Technology (18 Jul.)