Infosys, a major Indian technology company, has partnered with Clearstream, a part of Deutsche Börse, to simplify the issuance and servicing of securities. Clearstream, known for its post-trade services, teamed up with Infosys to support the launch of D7 Generation 2, a digital post-trade platform. This collaboration aims to make issuing securities faster, easier, and more efficient for financial markets worldwide.
Infosys Supports D7 Platform Launch
The D7 platform is a digital post-trade system that allows market participants to issue securities digitally. Infosys played a crucial role in the successful launch of Generation 2 of the D7 platform. They helped with the end-to-end implementation, customization, and deployment of the platform, along with providing support after the platform went live.
This new system provides institutional-grade infrastructure for digital assets and tokenization, helping Clearstream unlock the full potential of digital securities.
Role in Digital Transformation
Infosys has been instrumental in driving Clearstream’s digital transformation. Their involvement in the D7 platform allowed Clearstream to enhance operations, simplify technology, and manage regulatory changes. Infosys also helped Clearstream reduce its time-to-market, enabling them to stay ahead in the fast-evolving financial markets.
Infosys’ participation in this project comes just days after the company announced a strategic partnership with Belgium-based Proximus Group, showcasing their growing influence in the global financial services market.
Leadership Comments
Daniel Besse, CTO of Clearstream, expressed his satisfaction with the project, saying, “The release of D7 Generation 2 sets a new standard in the industry, making digital issuance faster and more efficient. Our collaboration with Infosys has been productive, and the platform is now a global leader in digital issuances, with over 150,000 digital issuances already processed.”
Dennis Gada, Executive Vice President of Infosys, highlighted the success of the partnership. “We are proud to have worked with Clearstream in their digital transformation journey. This partnership has helped Clearstream improve their operations, meet market demands more effectively, and ensure sustainable growth.”
Future of Digital Issuances
The D7 platform is part of Clearstream’s efforts to digitize financial markets. The success of this collaboration demonstrates the potential for more companies to adopt digital solutions for issuing securities. By working together, Infosys and Clearstream are setting the stage for the future of the financial industry, paving the way for more efficient and streamlined processes.
