MADRECMalfunction Detection & Recording
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Recently we also announced MADRec: This is a regtech solution, focusing initially on MiFID II data quality, which allows participants to connect to a private Ethereum network to solve the data quality issue on legal entity identifiers.
Known internally as the Massive Autonomous Distributed Reconciliation platform, Madrec for short, the project will be supported by Barclays Plc (LSE: BARC), Credit Suisse (NYSE: CS), KBC, SIX and Thomson Reuters.