This document discusses getting value from blockchain technology. It summarizes Finoryx's Cryptody solution, which leverages blockchain to increase efficiency in capital markets. Cryptody sits at the intersection of blockchain, custody, and fiat money. It enables new business processes using blockchain while hiding its complexity. The roadmap includes issuing and tracking assets on blockchain, generating payment orders, and allowing for assembly voting. Cryptody aims to reduce costs in capital markets through increased process efficiency.

1. © finoryx 2016
Getting value out of
the blockchain
Olivier Roucloux
Fintech Belgium Summit 2016

2. About finoryx
Finoryx supports WeForest, Making Earth Cooler.
Cryptody leverages the
blockchain concept to increase
operational efficiency in the
capital markets and
investment funds industry.
Cryptody Sits at the
intersection of the blockchain
technology, Custody and fiat
money.
finoryx experts are specialized in
capital markets, banking and new
technologies. They are invited to
talk during conferences, working
groups or internal brainstorming
sessions.
Growing number of clients trust us
for guiding them throughout the
complexity of blockchain.
Vision and strategy articulation,
awareness sessions and coaching;
business case and Functional
Specifications are our strengths

3. Too much talk about Blockchain ?
12th January 2009
First bitcoin transaction

4. Consulting: suggested 4-steps method
Forget that blockchain is a “hype”, be careful and remain pragmatic
Don’t reinvent the wheel and focus on value creation!
DecisionAnalysisPropositionAwareness
ideas
value
Finoryx helps answering these questions:
 Do you need a blockchain ?
 What do you really want to do with blockchain ?
 Is blockchain the right solution?
 Is there a business case ?

5. Cryptody, solution roadmap

6. SME & Startups corporate events cycles
Share end
of life
Company
creation
Share
issuing
Assembly
general
Dividend
payment
Pay back
Company
acquisition
Traditional
Corporate events
mechanisms

7. What is Cryptody?
 Cryptody is a software solution, solving business problem
 It is not a financial institution, nor a transactional platform,…
 It is not (yet another) blockchain provider
 It enables new business processes leveraging blockchain concept
 It hides the complexity of blockchain
 It is built on proven technologies
 It powers proof of concepts
Blockchain
Fiat money
Custody

8. Roadmap of the Solution
Cryptody roadmap proposes the following functions:
 Version 1
 Issue assets on the blockchain
 Get a picture of asset holders at t-time
 Generate payment orders (dividends, redemptions, …)
 Version 2
 Data Dissemination (NAV, ISIN,…)
 Version 3
 Assembly general meeting vote
 Dependencies
 Need a firm to configure and launch a blockchain
• Smart contracts parameters
• Asset configuration

9. Cost effectiveness !

10. Conclusions
 Capital Markets are very complex! there is
no solution that fits the whole ecosystem
 No need for a revolution, market is looking
for pragmatic evolution
 Focus on business processes efficiency and
not on technology buzzwords
 There is a need to reduce costs in
capital markets
 Is blockchain the right solution?
 Forget the hype and focus on real
value creation
Don’t let others innovate for you …

11. Your contact
Professional Background (before Finoryx)
 20+ years in Financial Services
 Worked for Euroclear, SWIFT, Euronext,…
 Was consultant for LCH.Clearnet, AXA,…
 Product Director for Clearing/Settlement solution
 Migrate to ISO 15022, at the outset of ISO 20022
 Securities Market Modernisation strategic consulting
 SEPA Migration expert for a dozen of clients
Blockchain Experience
 Conceived “securities on the blockchain” in 2014
 Imagine the blockchain-centric market model
 Speaker at 20+ conferences
 Invited by London Fintech week, ALFI, Hyperledger, Ethereum,…
 Building Cryptody prototype
 Intersection of blockchain, fiat money and Custody
 Participation to two Proof of Concepts (large banks)
 Advising & coaching a growing number of clients
 Invited by ALFI to join ad-hoc working groups