JSCC EXPERIMENTATION BLUEPRINT ON THE DTCC DIGITAL LAUNCHPAD
JSCC
DTCC DIGITAL LAUNCHPAD
Collateral Movement
JSCC
2
2
Margin Call
Clearing Member
Oracle Node (shared Data)
Clearing Member
4
4
Margin Call Simulation
3a
Collateral Movement
3
4
Margin Call Distribution
1
Client B
Client C
1
1
Token Issuer
Tokenized Assets
Cash Equity Bond
Client B (Segregated account)
Client C (Omnibus account)
Smart Contract
By building on the DTCC Digital Launchpad, JSCC focused their efforts on designing the business processes and workflows required to reimagine the collateral management process for their participants, without having to expand any efforts in developing and maintaining their own distributed ledger platform or technical infrastructure. Using the Digital Launchpad, JSCC issued digital assets such as cash, stocks, and bonds as native digital assets for their initiative, and develop the smart contracts required to enable and automate the business workflows. Furthermore, JSCC developed an on-chain shared database to enable POC participants to access static and market data, such as real-time market prices of assets and haircut ratios, for evaluating their asset positions and optimizing their portfolios for different margin call scenarios. By tokenizing assets and automating the calculations and exchange of collateral, JSCC realized operational and capital efficiencies for each market participant in their ecosystem.
6
DTCC DIGITAL LAUNCHPAD
Made with FlippingBook Ebook Creator