Industry
- Banking
Banking on purpose-led ecosystems
Solution
- Quartz™ - The Smart Ledgers™
Quartz™: Helping Organizations Collaborate in the Connected World
Highlights
- Quartz for Markets helps market infrastructure institutions benefit from the market opportunity around tokenized assets by supporting quick and easy launch of innovative new services with the full integration of traditional market infrastructure.
- Available on-premise and on cloud, the solution supports both public and private blockchain platforms and multiple token standards across multiple asset classes.
- The solution is built from TCS’ experience of deploying market infrastructure solution across 25 markets worldwide and has been applauded in global forums.
In this article
Challenge
Tokenization of real-world assets now offers an alluring opportunity to the global investor community.
Innovation, powered by blockchain, has opened up new marketplaces for tokenized asset classes, including newer types of illiquid and exotic assets. It democratizes the access of assets to mass market investors, enabling people to turn fractional, small-value investments into high-value assets. Tokenization has changed the market structure given its inherent potential for trading across jurisdictions with instant settlement.
To meet the market demand, asset managers and market infrastructure institutions (MIIs) need capabilities to trade tokenized assets of all kinds, operating under the precision and robustness associated with the traditional system.
Quartz for Markets is built from TCS’ experience of deploying market infrastructure solution across 25 markets worldwide
Solution
Quartz™ for Markets supports MIIs including exchanges, depositories, central banks, payment infrastructures, private banks, custodians, and issuers with the full lifecycle of tokenized securities across asset classes while being fully integrated and interoperable with traditional market infrastructure.
In addition, the solution includes an intuitive, low-code development kit to help your institution meet future needs by extending the capabilities of Quartz for Markets.
The solution helps you conduct any or all of the following marketplace activities:
Convert real world assets into digital tokens and market them.
Invest in tokenized asset-backed digital tokens for real estate, gold, and art alongside purely digital assets such as non-fungible tokens (NFTs) and loyalty points.
Manage the full lifecycle of asset-backed digital tokens, including token issuance custody.
Conduct secondary market trading activities through order management, matching, atomic settlement, and surveillance.
Service digital assets with eVoting and general meeting services.
Comply fully with relevant KYC/AML regulations.
Settle with flexibility and liquidity using the customer’s choice of fiat currencies, cryptocurrencies, stablecoins, and digital currencies.
Interoperate with market infrastructure for equity, fixed income, warrants, and other traditional financial instruments.
TCS BaNCS for Market Infrastructure and Custody solutions powering the operations of over 50 market-critical institutions across 66 countries.
Benefits
By offering both traditional and tokenized assets flows, you can provide better services to your customers.
Faster settlements help your institutions with more liquidity and a range of economic benefits.
The simplification and replacement of traditional financial assets with smart contracts reduce the process and cost involved, thus making them more affordable and accessible for your customers.
The smart contracts permanently record transactions and make them immutable and instantly executed, thereby reducing data duplication and fraud risks.
The Quartz Advantage
Quartz solutions are built on co-existence, integration, and Interoperability philosophy, enabling seamless integration with third-party solutions, legacy applications, messaging middleware, and various blockchain based systems and networks, thereby reducing entry barriers to blockchain adoption.
The solutions provide an agile framework for faster development and deployment of business applications on a choice of blockchain platforms.
Backed by awards from the Financial Technology Forum (Best Blockchain Breakthrough of the Year 2019) and recognition from Analysts (Leader & STAR Performer in Everest PEAK Matrix), Quartz can help you operate at the forefront of technology innovation and spearhead blockchain adoption successfully within your enterprise and beyond.
Quartz for Markets is a robust, secure, and future proof solution that can support the end-to-end transaction life cycle and instant settlement for a wide range of tokenized assets, including NFTs, which are gaining in popularity and value. We have leveraged our contextual knowledge and extensive industry experience in capital markets to design a solution that seamlessly serves the needs of a broad spectrum of market players and accelerates their growth and transformation journeys.
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