Cross-border tokenised deposit pilot

Context

A market infrastructure environment where cross-border payment flows depended on correspondent banking, pre-funded accounts and multi-day settlement cycles.

Challenge

Cross-border settlement carried high cost and trapped liquidity across correspondent banking relationships.

Our Role

Advisory on technology assessment, use-case definition and the design of a pilot capable of producing measurable evidence.

Approach

1. 01Mapped the existing settlement flow and identified where cost and liquidity were locked up
2. 02Assessed tokenised deposit and distributed-ledger options against regulatory constraints
3. 03Defined pilot scope, success criteria and measurement approach
4. 04Aligned participating stakeholders on governance and risk controls

What We Delivered

• Technology assessment and option comparison
• Pilot design and success criteria
• Risk and governance considerations
• Executive recommendations for scale-up

Outcome

• 80% reduction in transaction cost demonstrated within the pilot scope
• A repeatable framework for evaluating tokenised settlement use cases