Infosys and Clearstream partner to launch next-gen digital issuance platform, setting new standards in securities industry

Indian IT giant Infosys has teamed up with Clearstream, the post-trade services arm of Deutsche Börse, to launch the second generation of the D7 platform. This enhanced digital platform aims to simplify the issuance and servicing of securities, setting a new benchmark for the digital transformation of the financial markets.

Infosys Drives Digital Transformation for Clearstream

The collaboration between Infosys and Clearstream marks a significant step forward in digitising the securities market. As a part of this initiative, Infosys provided comprehensive end-to-end support, including the implementation, customisation, and deployment of Clearstream’s D7 platform. This involved extensive work during the platform’s go-live phase as well as ongoing post-launch support. The D7 platform serves as a robust, institutional-grade digital infrastructure designed to facilitate digital issuance processes and unlock the potential of asset tokenisation.

Infosys’ contribution to this project has helped Clearstream, a vital component of Deutsche Börse, advance its position as a leader in market infrastructure and post-trade services. The upgraded D7 platform enables faster, more efficient, and more streamlined securities issuance, providing a scalable solution for the evolving demands of the financial markets.

Clearstream’s Innovative Leap with D7 Platform

The Generation 2 release of the D7 platform represents a significant milestone for Clearstream. The platform has already enabled over 150,000 digital issuances, a figure unmatched by any other digital issuance platform globally. This achievement underscores Clearstream’s commitment to leveraging cutting-edge technology to redefine post-trade services and asset management.

Daniel Besse, Chief Technology Officer at Clearstream, lauded the successful launch: “The successful release of D7 Generation 2 is a major achievement and sets the standard for our clients and the industry as a whole, making the digital issuance process faster, easier, and more efficient. Throughout this project, the collaboration of Clearstream and Infosys has been very productive. The enhanced platform lays the foundation for future digitisation of financial markets as adapting to market changes can be done expeditiously.”

Clearstream’s focus on innovation has established it as a pacesetter in the securities industry. The D7 platform’s flexibility and scalability offer a solid foundation for the future, enabling seamless adaptation to evolving market conditions and regulatory landscapes.

Infosys Reinforces Its Leadership in Financial Digitalisation

Infosys’ role in the D7 project highlights its expertise in driving digital transformation within the financial sector. Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys, expressed enthusiasm about the partnership: “We are delighted to have collaborated with Clearstream, part of Deutsche Börse, on their digital transformation journey towards the D7 platform for issuance of securities. This integration has empowered Clearstream to enhance time-to-market, streamline operations, simplify their technology landscape, and effectively manage regulatory changes, all while fostering sustainable growth.”

By modernising Clearstream’s digital issuance capabilities, Infosys has helped the organisation optimise its operations, reduce complexities in its technology environment, and ensure compliance with regulatory requirements. This collaboration is expected to serve as a model for future digitisation efforts across the securities and stock exchange sectors, demonstrating how effective partnerships can drive innovation and growth.

Impact on the Future of the Securities Market

The successful upgrade of the D7 platform is a significant step towards the digitisation of the global securities market. As the industry moves towards more digital, automated, and streamlined operations, platforms like D7 are set to play a crucial role in enhancing the efficiency and transparency of securities transactions. This development could lead to a wave of innovation in financial market infrastructure, encouraging other firms to adopt similar digital solutions.

Clearstream and Infosys’ collaborative efforts have not only raised the bar for digital issuance platforms but also positioned them as leaders in the drive towards a fully digital financial ecosystem. This partnership reinforces the importance of technology and innovation in adapting to market shifts and highlights the growing need for advanced digital infrastructure in the financial industry.