FinTech Start-up Global Debt Registry Expands Operations to Popular Wilmington Tech Hub
Wilmington, DE, October 18, 2018 - Global Debt Registry ("GDR"), a leading blockchain solution provider for the structured credit market, today announced that they have completed moving their technology team to The Mill, a popular office space centered in Delaware’s tech startup epicenter in Wilmington. GDR is currently expanding its technology team and actively hiring for development positions in the area.
Global Debt Registry is a private equity-backed startup that works with top investment banks to bring the structured credit and lending market operations onto the blockchain, creating an immutable ledger of loan data to increase market efficiency and transaction volume while lowering cost. GDR also has a presence in New York City, with the Delaware office focusing on technology including blockchain engineering, taking advantage of the area’s rich experience in banking technology development. The Wilmington office will be led by GDR’s CTO Robert Brown.
“We’re very excited to begin this new phase of GDR’s journey within such a great environment,” says Robert Brown. “Wilmington has a strong technology start up community with a rich talent pool of experienced technologists within financial services, and beyond. GDR is proud to now be a member of that community and excited to be collaborating with such talent.”
To engage the local startup culture further, GDR is planning a series of quarterly meetups for technologists within the blockchain, fintech space and beyond. The meetups will serve as a discussion platform for local startups to showcase the great work they are doing in their fields, bring in expert speakers for panel discussions, and provide a platform for networking and partnership between organizations. The first meet-up will take place in the first quarter of 2019.
Global Debt Registry was recently named one of CIO Outlook’s Top 10 Blockchain Solution Providers. To learn more about how Global Debt Registry is working with industry partners to transform the structured credit market, check out their latest video here.
About Global Debt Registry (“GDR”)
GDR is a Private Equity backed FinTech company that provides loan level management solutions for the structured credit markets utilizing Hyperledger Fabric blockchain. GDR’s SOC1 & SOC2 compliant infrastructure helps to more efficiently manage lending facilities through to securitization and enables lenders to attract more permanent capital. The Company is led by a team of senior executives from Thomson Reuters, Credit Suisse, BlackRock, BNY Mellon, MBNA and Barclays. Further information can be found at www.globaldebtregistry.com.