Cornell-Citi Financial Data Science Seminars: Puneet Singhvi (Citi)

Description

The Cornell-Citi Financial Data Science seminars continue with Puneet Singhvi (Citi). He will be giving a talk titled "What's Happening with Blockchain in Financial Markets?" on Tuesday, 10/8, in The Bloomberg Center from 6:10pm to 7:25pm. This seminar will NOT be recorded, so reserve your spot now! Please register here: https://cornell.qualtrics.com/jfe/form/SV_73c1LjHKPtf0bLT Abstract: Over the past few years, the financial industry has been actively exploring blockchain and distributed ledger technology (DLT) to assess their impact in various use-cases, identify benefits, and separate the hype from reality. Citi has been an active participant and strategic investor in blockchain initiatives across the ecosystem for nearly 5 years now. In this presentation, we will discuss real use-cases in active implementation across the financial ecosystem and review key drivers for adoption. These emerging use-cases span product lines and geographies – from the digitization of post-trade activities to transformed market exchanges, and from digitized securities to cash-on-chain models, from collateral mobility to trade finance – across North America, Europe, and Asia. We will discuss areas with tangible benefits, and what have been learnings from failed initiatives. We will also review key emerging issues with the technology and potential areas of opportunity going forward. Speaker Bio: Puneet is Managing Director and Financial Markets Infrastructure (FMI) head for Citi Institutional Client Group. He is responsible for relationship and key initiatives with FMIs such as Exchanges, Payment Systems, Clearing Houses, and Settlement venues. He also leads Blockchain/DLT and Digital Assets initiatives for the Markets and Securities Services business working actively with FMIs, FinTechs and institutional clients on identifying and delivering solutions. Puneet has worked at Citi across the developed and emerging markets in various management roles within Citi Markets & Securities Services and Citi Trade & Transaction Services businesses. His roles included leading Citi Global Clearing Payments Product, Citi Foreign Exchange & Derivative Clearing Product Management, Trade Finance and Asset Backed Finance. He has a Bachelor’s degree in Electronics and Communications Engineering and has completed his post-graduation in management from the Indian Institute of Management.