The use case — in which blockchain-based technology connects to Nasdaq Calypso — was developed in partnership with QCP, Primrose Capital Management, and Digital Asset
Beresford will be responsible for operations across Jersey and the UK, where he will focus on supporting leadership across teams, and ensuring operational alignment with governance standards
The deal includes a full range of fund and corporate administration services for two structured investment vehicles, which will support investor reporting, compliance, and fund accounting
He brings over 30 years of leadership experience to his new role, where he will be responsible for leading the company’s global operations and technology strategy
It also hopes to result in a solution to enable the settlement of OTC transactions using blockchain, as well as the atomic settlement of transactions within the DLT layer