Corporate Trust Services and Perpetual Digital

Since February 2020, Perpetual Corporate Trust (PCT) has been working with the Reserve Bank of Australia (RBA), Commonwealth Bank (CBA), National Australia Bank (NAB), ConsenSys Software (ConsenSys), on a collaborative project (Project Atom) to explore the potential use and implications of a wholesale form of central bank digital currency (CBDC) using distributed ledger technology (DLT) for the funding, settlement and repayment of a tokenised syndicated loan.

Perpetual Corporate Trust has been exploring blockchain and digital currencies since 2015, as we have seen a growing demand for digital finance to provide more efficient, cost-effective, transparent and secure payment and settlement solutions using blockchain technology. The RBA proof of concept research has demonstrated that significant operational efficiencies are possible, and we are further encouraged by this to deliver better outcomes to our clients and advance the industry in this area.

Sustainability is emerging as an immediate issue in securitisation with several related factors attributing to this trend. Dominant factors such as social conscience, global regulation and investor interest have led to changes in attitude and behaviour amongst industry participants, according to a report released by Perpetual Corporate Trust and The Australian Securitisation Forum (ASF).

The 2021 Sustainability in Securitisation report reveals emerging trends in securitisation towards sustainability in Australia. While the study shows the focus on sustainability is not directly associated with COVID-19, it follows that the pandemic has galvanised thought around sustainability.

What brings together a two-year old fintech and a century old Mutual? A commitment to growth, a willingness to innovate with digital solutions – and a trusted partner. This case study looks at how Perpetual Business Intelligence platform enables clients’ success through secure data exchange, data warehouse, analytics and visualisation software helped improve the due diligence process and provided transaction efficiencies.