The Digital Securities Depositary Corporation (DSDC)
We deliver financial market infrastructure that modularizes and unbundles all the securities services in the industry to level the playing field, drive efficiency and growth for more market participants. In addition, our infrastructure is operated and governed by all participating financial institutions in a highly resilient way and on a mutualized cost basis for everyone involved.
Initially, our infrastructure represents a securities register with reference and corporate action data as well as codified inter-firm workflows for efficient processing among involved insitutions. Over time we aim to become a "Central Securities Depository-like" entity, where the word "central" is replaced by "decentral" and "digital".
In order to introduce such infrastructure, we have strategically selected the American Depositary Receipt market - a USD 1 Trillion market that exists since 1927 - as the first asset class for more streamlined processing.
Empirical data on UK investments by US investors has proven that our infrastructure reduces the fees for US investors on average by 38%. Reduced fees mean money can be put to work more efficiently for greater wealth of our societies.
At the outset we focus on brining blue chip UK companies such as London Stock Exchange, Aston Martin, and many others, more efficiently into the hands of US investors. We foresee that 40-50 additional markets will be added step-by-step while the member community will explore further asset classes for more streamlined processing.