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Investment banks could save US$8 billion to US$12 billion with blockchain

Adrian M. Reodique | Jan. 20, 2017
Banks could reap significant savings on their core middle- and back-office processes by using blockchain.

The findings of the report were based on an analysis of granular cost data from the eight banks, as aggregated by McLagan.  The findings were then combined with Accenture's insights on blockchain before they were applied to Accenture's 'High Performance Investment Bank' model to identify the areas where the value could be achieved. 

 

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