Deutsche Börse plans to launch a regulatory compliant, fully digital post-trade platform called D7, anchored in the recently introduced German digital securities law framework.

The new cloud-backed and DLT-ready D7 platform will enable market participants to digitise their financial products with continuing access to both existing central and distributed infrastructures and markets.

The D7 platform paves way for same-day-issuance and paperless, automated straight-through processing for the entire value chain of issuance, custody, settlement, payment and asset servicing for digital securities. As of mid-2022, over 80% of German securities will be digitisable via D7, fostering digitisation of the German and European financial markets.

D7 will complement the Group’s established “7 Market Technology” infrastructure portfolio.

Deutsche Börse has joined forces with several leading global and German financial institutions to create a market-ready digital infrastructure, including BNP Paribas, Citi, DekaBank, Deutsche Bank, dwpbank, DZ Bank, Goldman Sachs, Raiffeisen Bank International and Vontobel. The D7 platform is being developed in collaboration with long-term strategic technology partners Digital Asset and Microsoft, as well as R3 and Vmware.

Stephan Leithner, member of the Executive Board of Deutsche Börse, responsible for Pre- & Post-Trading, says:

“With D7, we’re providing the financial community with a next generation digital securities post-trade platform to unlock the potential of truly digital and decentralised finance. It’s time not only to digitise single processes; it’s time to reinvent post-trading altogether for a stronger, more sustainable and digital future of securities markets.”

Christoph Böhm, CIO/COO and member of the Executive Board of Deutsche Börse, adds:

“D7 reflects our strategic ambitions and the clear focus we put on fostering innovation and new technologies. We are creating the next generation of future-proof financial infrastructure for the digital era, delivering cutting-edge technology and services, and paving the way for the transformation towards digital markets for our industry.”

The complete functionality of the D7 platform will be rolled out in phases over the next few years.