Definition ∞ Post-trade infrastructure refers to the systems and processes that occur after a financial transaction is executed but before it is settled. This includes activities such as clearing, settlement, and record-keeping. In traditional finance, this infrastructure is complex and often involves multiple intermediaries. Blockchain technology aims to streamline and decentralize these operations. It ensures the accurate and timely transfer of assets and funds.
Context ∞ The modernization of post-trade infrastructure using blockchain and distributed ledger technology is a significant area of innovation in traditional financial markets. News often reports on pilot programs, industry collaborations, and regulatory efforts aimed at improving efficiency and reducing risk in these processes. The adoption of blockchain in this sector could profoundly impact the global financial system.