Calastone says DLT project for more than just cutting costs

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Ken Tregidgo, deputy CEO, Calastone

When Calastone announced in June that it had completed a blockchain project for the mutual-funds industry, various news outlets emphasized the idea that this was going to cut processing costs.

Which is true: it’s what the press release said. But when DigFin sat down with the firm’s deputy CEO, Ken Tregidgo, to understand the project, he explained the vision behind the blockchain proof-of-concept went beyond an operational improvement…

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