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Digital Asset Collaborates With Accenture, Broadridge & PwC

In a move to ensure faster adoption and scalability of its innovative solutions along with creating additional value for clients across the financial industry, blockchain startup Digital Asset Holdings, LLC, today announced that it has entered into non-exclusive strategic business relationships with Accenture, Broadridge and PricewaterhouseCoopers (PwC).

“We are excited to enter into relationships with Accenture, Broadridge and PwC and are already working with them to provide value to our clients and the industry,” said Blythe Masters, CEO of Digital Asset. “These alliances will accelerate innovation, drive growth and broaden our reach in different segments across the world.”

Digital Asset has been in news recently for its active participation in the Linux Foundation’s open source Hyperledger Project. In addition, the company has raised more than $60 million in a latest funding round that received support from Goldman Sachs, IBM, ABN AMRO, Accenture, ASX Limited, BNP Paribas, Broadridge Financial Solutions, Inc., Citi, CME Ventures, Deutsche Börse Group, ICAP, J.P. Morgan, Santander InnoVentures, The Depository Trust & Clearing Corporation (DTCC) and The PNC Financial Services Group, Inc.

The company said that the partnerships with Accenture, Broadridge and PwC will enable it to increase the scope and scale of its reach, while aligning resources and capabilities to deliver the highest levels of consistency and quality to clients globally.

As part of the agreement, Accenture will provide a range of services – from feasibility studies, business case assessments and operating model design to advisory services on systems architecture, cybersecurity and cloud, through to full-scale systems integration. Accenture has been showing interest in blockchain and distributed ledger technologies – it is involved in the Hyperledger Project and has invested in Digital Asset’s latest funding round.

Broadridge’s market leading post trade managed services, infrastructure and cyber security capabilities will enable Digital Asset to deliver its transformative technology so as to set a new standard for efficiency and quality of service in post-trade solutions. Moreover, it will also benefit from Broadridge’s global connectivity and network of 150 capital markets clients.

The relationship with PwC seeks to leverage its Blockchain Portfolio and aligning the services around Digital Asset's solutions and delivery model. The core focus will be on helping PwC’s clients get educated and assess the best opportunities to utilize Digital Asset solutions, with PwC specifically offering clients a variety of “discrete services” to execute proof of concept engagements.

“We believe that our partnership with Digital Asset and blockchain solutions demonstrates PwC’s commitment to providing our global clients with what the markets are demanding,” said Haskell S. Garfinkel, Partner, FinTech Co-Leader at PwC.

PwC, one of the “Big Four” companies, has been increasingly taking interest in blockchain technology. Last month, it announced the appointment of a new team comprising of 15 leading technology experts who will explore and commercialise blockchain. Moreover, it also selected Eris Industries, which builds software that allows anyone to develop their own secure, low-cost, run-anywhere applications using blockchain and smart contract technology, as a strategic partner in its Blockchain solutions portfolio.

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