Last Thursday, the LSTA hosted Stephen Obie, Partner, Jones Day, and Dzmitry Maroz, Senior Manager, Deloitte Advisory, for a webcast, “Level Two: What Might Blockchain Mean for Syndicated Loans”. Building off their first presentation, the speakers took a closer look at blockchain technology as it applies to syndicated loans. Many first order problems facing industry efficiency – long trade settlement times, low automation and manual reconciliation – can be addressed with this technology. One single source of truth which can be shared with participants would result in time and cost savings.
The LSTA is producing a series of short videos on blockchain. In each video, Joe Dewey of Holland & Knight, who is also one of the authors of “The Blockchain: A Guide for Legal and Business Professionals”, discusses this new technology and its potential impact on financial services and the loan market in particular. This week, […]
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Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.