Peter Hubli, Head Digital Asset Solutions
Peter started as Head Market Operations at Zürcher Kantonalbank in December 2011. Since autumn 2020, in his role as Head Digital Asset Solutions, he has been responsible for the evaluation and implementation of DLT technologies in the processes at ZKB and also responsible for trading and settlement transactions in digital assets (including cryptocurrencies). Furthermore, representative of ZKB in external committees (e.g. ISSA, IIF) on the topic of DLT and digital assets. Pedro led the successful onboarding to the SIX Digital Exchange (SDX) and act as Project Lead in the FundsDLT onboarding process as well as in the Helvetia Project of the Swiss National Bank. Peter holds an Executive M.B.A. from the University of St. Gallen (HSG), Switzerland and has successfully completed the Executive Management Program at London Business School.
Roundtable Room 3 (Level 3)
Open
Distributed ledger technology (DLT) is frequently highlighted as a game-changer for financial market infrastructure (FMI). Yet, despite numerous pilots, proofs of concept, and even some production deployments, it has (yet) neither replaced nor fundamentally transformed today’s financial markets. Rather, DLT has remained limited to niche applications.
Which key elements are still missing, or are insufficiently mature, to enable DLT to truly reshape FMI? Is the main hurdle the current regulatory framework, or do challenges around standardization, interoperability with legacy systems, scalability, governance, and proven use cases with sufficient value bear the greatest responsibility?