The World Bank / ICMA Roundtable in Washington, DC

Wrapping up an inspiring day in Washington DC!

We were so honored to have been invited to participate in a roundtable hosted by The World Bank and the ICMA - International Capital Market Association, focused on Digital Assets and AI: Advancements Shaping Global Capital Markets Together. Part of The World Bank and International Monetary Fund Annual meetings, the event was a fantastic opportunity to exchange ideas, explore emerging technologies, and connect with leaders shaping the future of Capital Markets.

So much was discussed but a few highlights from our perspective:

- ⁠The need for standardisation, using taxonomies like the ICMA Bond Data Taxonomy and Common Domain Model.

- Juliana Bolzani of the IMF highlighted the suitability of legal frameworks for the new digital world, and how legal approaches can incentivise the way products develop.

- ⁠The concept that Kristin Johnson highlighted around currency competition was really thought provoking!

- ⁠Annabel Schaafsma from Moody's Corporation highlighted the shift in risk assessments associated with new digital products, and the need for interoperability between systems and product offerings.

- ⁠Reed Melchionda and Ryan Rugg talked through the use cases and progress of adoption of Tokenisation and Digital Assets across J.P. Morgan and Citi respectively.

- ⁠Aishwarya Venkatesan and Justin Chan from BlackRock discussed the approach they are taking internally with new AI toolsets and how the new technologies are supporting their business strategies across the board.

A big thank you to The World Bank and IFC - International Finance Corporation for hosting, the ICMA - International Capital Market Association team for organising and all the speakers and participants for an engaging and forward-looking discussion!