In an interview published by the European Association of CCP Clearing Houses, Hellenic Capital Market Commission Chair Vassiliki Lazarakou outlined a 10-year outlook in which clearing becomes faster, more integrated and increasingly technology-driven. She expects the convergence of distributed ledger technology, tokenization, artificial intelligence and digital infrastructure to blur distinctions among trading, clearing and settlement, potentially enabling near-real-time processing and continuous risk monitoring. Lazarakou cautioned that greater automation and interconnectedness will create new risks and dependencies. Clearing houses will need robust governance, legal certainty, cyber resilience, common standards and clearly assigned responsibilities to capture technological benefits while preserving resilience, transparency, investor protection and trust.
European Association of CCP Clearing Houses presents Vassiliki Lazarakou’s outlook for near-real-time, technology-driven clearing
In an interview published by the European Association of CCP Clearing Houses, Hellenic Capital Market Commission Chair Vassiliki Lazarakou forecast faster, more integrated clearing supported by distributed ledgers, tokenization and artificial intelligence. Near-real-time processing and predictive risk management will require stronger governance, legal certainty, cyber resilience and common standards.