Digital Asset Establishes Strategic Business Relationships with Accenture, Broadridge and PWC
Posted by Digital Asset on Feb 17, 2016 9:00:00 AM

Firms will provide resources and expertise to help Digital Asset scale Distributed Ledger Technology solutions globally

NEW YORK, February 17, 2016 -- Digital Asset Holdings, LLC, a developer of Distributed Ledger Technology for the financial services industry, today announced that it has entered into non-exclusive strategic business relationships with Accenture, Broadridge and PwC designed to ensure the faster adoption and scalability of its innovative solutions, and create additional value for clients across the financial ecosystem.

“We are excited to enter into relationships with Accenture, Broadridge and PwC and are already working with them to provide value to our clients and the industry,” said Blythe Masters, CEO of Digital Asset. “These alliances will accelerate innovation, drive growth and broaden our reach in different segments across the world.” Digital Asset's distributed ledger solutions improve post-trade processing efficiency and security, while reducing cost, latency, errors, risk and capital requirements. These partnerships will enable Digital Asset to increase the scope and scale of its reach, while aligning resources and capabilities to deliver the highest levels of consistency and quality to clients globally.

The Accenture relationship will provide consulting and systems integration services for clients through collaboration on blockchain-related work at global financial institutions. Accenture, the world's largest independent technology services provider, will provide a range of services under the agreement – from feasibility studies, business case assessments and operating model design to advisory services on systems architecture, cybersecurity and cloud, through to full-scale systems integration. The company was a participant in Digital Asset’s investment round that raised more than $60 million in funding last month. Accenture services 42 of the top 50 financial institutions globally.

The Broadridge relationship will provide expertise and resources to help identify, develop and drive adoption of innovative business use cases, leveraging Broadridge’s global connectivity and network of 150 capital markets clients. In addition, the relationship will enable Digital Asset to deliver its transformative technology through Broadridge’s market leading post trade managed services, infrastructure and cyber security capabilities, setting a new standard for efficiency and quality of service in post-trade solutions.

The PwC partnership will focus on taking PwC's recently released Blockchain Portfolio and aligning the services around Digital Asset's solutions and delivery model. PwC’s goal is to offer Digital Asset's clients globally available, on-demand services across strategic, business, and technical domains. The core focus will be on helping PwC’s clients get educated and evaluate the best opportunities to utilize Digital Asset solutions, with PwC specifically offering clients a variety of discrete services to execute proof of concept engagements.

“The potential for Distributed Ledger Technology to bring innovation to the financial services industry is clear,” said Owen Jelf, Managing Director of Accenture’s Global Capital Markets Practice. “Developing and implementing the technology on an industrial scale is the next step. Our close collaboration with Digital Asset will help financial institutions realize this potential, bringing new levels of efficiency and revenue.”

“Digital Asset’s Distributed Ledger Technology combined with Broadridge’s breadth of expertise and resources to deliver post-trade solutions for top global banks across 70 countries will accelerate our shared mission to advance efficiency, security and compliance across the global Capital Markets,” said Vijay Mayadas, SVP, Global Head of Strategy, Broadridge Financial Solutions.

“We believe that our partnership with Digital Asset and blockchain solutions demonstrates PwC’s commitment to providing our global clients with what the markets are demanding,” said Haskell S. Garfinkel, Partner, FinTech Co-Leader at PwC. “That is, commercially viable open sourced technologies that are based on trust, and solve the most complex problems businesses face at speeds and costs not yet imagined.”

ABOUT DIGITAL ASSET HOLDINGS

Digital Asset builds distributed, encrypted straight through processing tools. Their technology improves efficiency, security, compliance and settlement speed. The New York headquartered firm has offices in San Francisco, Tel Aviv, Budapest, and recently announced the addition of a London office. Since launch, Digital Asset has sought complementary talent and technology by acquiring three companies: Hyperledger, Bits of Proof and Blockstack. The firm recently became a founding premier member of the Linux Foundation’s open source Hyperledger Project, to drive the adoption and standardization of Distributed Ledger Technology.

Website: digitalasset.com

Contact: media@digitalasset.com

View as PDF >

 

Firms will provide resources and expertise to help Digital Asset scale Distributed Ledger Technology solutions globally

NEW YORK, February 17, 2016 -- Digital Asset Holdings, LLC, a developer of Distributed Ledger Technology for the financial services industry, today announced that it has entered into non-exclusive strategic business relationships with Accenture, Broadridge and PwC designed to ensure the faster adoption and scalability of its innovative solutions, and create additional value for clients across the financial ecosystem.

“We are excited to enter into relationships with Accenture, Broadridge and PwC and are already working with them to provide value to our clients and the industry,” said Blythe Masters, CEO of Digital Asset. “These alliances will accelerate innovation, drive growth and broaden our reach in different segments across the world.” Digital Asset's distributed ledger solutions improve post-trade processing efficiency and security, while reducing cost, latency, errors, risk and capital requirements. These partnerships will enable Digital Asset to increase the scope and scale of its reach, while aligning resources and capabilities to deliver the highest levels of consistency and quality to clients globally.

The Accenture relationship will provide consulting and systems integration services for clients through collaboration on blockchain-related work at global financial institutions. Accenture, the world's largest independent technology services provider, will provide a range of services under the agreement – from feasibility studies, business case assessments and operating model design to advisory services on systems architecture, cybersecurity and cloud, through to full-scale systems integration. The company was a participant in Digital Asset’s investment round that raised more than $60 million in funding last month. Accenture services 42 of the top 50 financial institutions globally.

The Broadridge relationship will provide expertise and resources to help identify, develop and drive adoption of innovative business use cases, leveraging Broadridge’s global connectivity and network of 150 capital markets clients. In addition, the relationship will enable Digital Asset to deliver its transformative technology through Broadridge’s market leading post trade managed services, infrastructure and cyber security capabilities, setting a new standard for efficiency and quality of service in post-trade solutions.

The PwC partnership will focus on taking PwC's recently released Blockchain Portfolio and aligning the services around Digital Asset's solutions and delivery model. PwC’s goal is to offer Digital Asset's clients globally available, on-demand services across strategic, business, and technical domains. The core focus will be on helping PwC’s clients get educated and evaluate the best opportunities to utilize Digital Asset solutions, with PwC specifically offering clients a variety of discrete services to execute proof of concept engagements.

“The potential for Distributed Ledger Technology to bring innovation to the financial services industry is clear,” said Owen Jelf, Managing Director of Accenture’s Global Capital Markets Practice. “Developing and implementing the technology on an industrial scale is the next step. Our close collaboration with Digital Asset will help financial institutions realize this potential, bringing new levels of efficiency and revenue.”

“Digital Asset’s Distributed Ledger Technology combined with Broadridge’s breadth of expertise and resources to deliver post-trade solutions for top global banks across 70 countries will accelerate our shared mission to advance efficiency, security and compliance across the global Capital Markets,” said Vijay Mayadas, SVP, Global Head of Strategy, Broadridge Financial Solutions.

“We believe that our partnership with Digital Asset and blockchain solutions demonstrates PwC’s commitment to providing our global clients with what the markets are demanding,” said Haskell S. Garfinkel, Partner, FinTech Co-Leader at PwC. “That is, commercially viable open sourced technologies that are based on trust, and solve the most complex problems businesses face at speeds and costs not yet imagined.”

ABOUT DIGITAL ASSET HOLDINGS

Digital Asset builds distributed, encrypted straight through processing tools. Their technology improves efficiency, security, compliance and settlement speed. The New York headquartered firm has offices in San Francisco, Tel Aviv, Budapest, and recently announced the addition of a London office. Since launch, Digital Asset has sought complementary talent and technology by acquiring three companies: Hyperledger, Bits of Proof and Blockstack. The firm recently became a founding premier member of the Linux Foundation’s open source Hyperledger Project, to drive the adoption and standardization of Distributed Ledger Technology.

Website: digitalasset.com

Contact: media@digitalasset.com

View as PDF >

 
Topics:

Partnership, PwC, Accenture, Broadridge

Recent Posts
BLOG
Enhancing Corda with DAML Smart Contracts
07/28/2020
NEWS
Smart contract language DAML now on Corda blockchain
07/27/2020
NEWS
Digital Asset has sights on stock market blockchain interoperability with DAML
07/27/2020
NEWS
Fintech Finance: Virtual Arena with Yuval Rooz
07/27/2020
PRESS RELEASE
Digital Asset, Creators of DAML, Adds VMware As Investor in Series C Round
07/14/2020
NEWS
The Power of DAML and Interoperability in Blockchain
05/22/2020
NEWS
Healthcare Smart Contracts with DAML
05/12/2020
NEWS
Money, Money, Money: The Future of Payments?
04/23/2020
NEWS
Exactpro Enables Testing for DAML-built Applications
04/23/2020
PRESS RELEASE
WeBank to Integrate DAML with China’s Leading Blockchain Platform
04/15/2020
NEWS
Waters Wavelength Podcast: Digital Asset on Blockchain
04/2/2020
NEWS
Bloomberg TV speaks to Yuval Rooz: Transforming Blockchain Markets
04/2/2020
NEWS
Digital Asset Steps Up A Gear In Enterprise Blockchain
03/30/2020
PRESS RELEASE
Digital Asset is First Blockchain Startup to Successfully Complete AICPA Type 2 SOC 2 Examination
03/5/2020
PRESS RELEASE
Hyperledger Besu now has DAML Smart Contracts
03/3/2020
PRESS RELEASE
BTP brings smart contracts to Amazon QLDB with Sextant for DAML
02/25/2020
PRESS RELEASE
Leading Tech Companies Join Series C Financing & Former Microsoft Exec Joins Board
02/4/2020
BLOG
Outcompeting Destructive Systems with Smart Contracts
02/3/2020
PRESS RELEASE
Odyssey Introduces Goals of the Odyssey Hackathon 2020 in Davos
01/24/2020
BLOG
Smart Contracts for Social Good: Unlocking Blockchain's Potential Beyond Finance
12/19/2019
PRESS RELEASE
XBourse Global Designs Market Infrastructure of the Future with DAML
12/16/2019
PRESS RELEASE
Digital Asset Raises $35 Million in Series C Financing to Capture Smart Contract Market with DAML
12/11/2019
BLOG
Low-code Smart Contracts for the Enterprise with Unibright and DAML
12/9/2019
PRESS RELEASE
Unibright enables anyone to create DAML smart contracts with “no code” developer tools
11/21/2019
BLOG
Committed Settlement: Adoption under UK Law, an analysis by Linklaters
09/26/2019
BLOG
Blockchain’s Immutability Could Hold-up in Bankruptcy
07/11/2019
BLOG
A Generational Opportunity to Improve the Transfer of Value
05/30/2019
BLOG
Synchronize New York 2019: Digital Asset and DLT in the Real World
05/17/2019
BLOG
DAML Driven Development: Optimis
03/15/2019
BLOG
Change Healthcare Introduces Payment Blockchain Proof-of-Concept at HIMSS ’19
02/7/2019