Clearly, SIBOS was all about the profound effects that Blockchain and other revolutionary technologies will have on the strategic positioning of our industry. It was striking to observe how radically the subjects of debate among the participants have changed compared to last year.
Lamentations over regulatory burdens are a thing of the past and I dare say that it has been quite a relief to experience a new, forward-looking perspective. Given we may expect new developments to affect the post-trade sphere to an unprecedented degree, this is a call on all of us to carefully rethink our business models.
The good news is that the winner of this dramatic change will be the client. And catering for our clients’ needs is in the best interest of UniCredit GSS.
Global Head of Securities Services