As a viable blockchain trading network, we.trade presents an outstanding opportunity to be part of something that will change the way we do business.

Andy Kollegger, Head of Corporate and Institutional Clients Products and Services, UBS Switzerland AG

Business Challenge

Managing the flow of trading information and funds at UBS Group AG often rely on a complex mix of aging systems, paper documentation, manual processes and unintegrated intermediaries that can add counterparty risk, introduce errors and impede commerce for buyers and sellers alike.  

Transformation

IBM developed blockchain use cases at UBS Group AG and used the IBM Blockchain Platform delivered from IBM Cloud to create an open, multiparty trading ecosystem.

Solution Components

  • IBM Cloud
  • Other