Bridging the Gap between Investment Banking Architecture and Distributed Ledgers

22 Pages Posted: 23 Mar 2017

See all articles by Martin Walker

Martin Walker

Center for Evidence-Based Management

Date Written: March 22, 2017

Abstract

This paper argues that a hybrid approach that includes elements of Big Data/Analytics with the “nudges” of behavioural economics can help banks tackle one of the major causes of their problems in implementing large-scale change: complexity. Complexity makes organisations (and systems) hard to measure, hard to understand and, consequently, hard to change. DLT, combined with Big Data, has the potential to replace the transparency and feedback loops that are missing in complex organisations. With those in place there is the potential to “nudge” organisations towards the standardisation and behavioural change, which would ultimately reduce costs and operational risk.

Keywords: Investment Banking, Distributed Ledger Technology, DLT, Blockchain, Trade Lifecycle

Suggested Citation

Walker, Martin, Bridging the Gap between Investment Banking Architecture and Distributed Ledgers (March 22, 2017). Available at SSRN: https://ssrn.com/abstract=2939281 or http://dx.doi.org/10.2139/ssrn.2939281

Martin Walker (Contact Author)

Center for Evidence-Based Management ( email )

No Address Available
United States

HOME PAGE: http://www.cebma.org

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
217
Abstract Views
780
rank
150,832
PlumX Metrics