Trade in services and digital trade across borders has rapidly grown in recent years, providing key drivers to the UK economy. However, measurement, classification and definitional challenges have come to characterise the nature of available evidence, driving the need for further research in this space.
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This question was published as part of the set of ARIs in this document:
"An old saw in the financial markets holds that nothing good happens after a trade is agreed. Trades are agreed instantly on digital platforms today but post-trade delivery of assets still takes days, looking at hig...
Funded by: Innovate UK
Lead research organisation: RISE FINANCIAL TECHNOLOGIES LTD
The project partially answers the question as it discusses the potential of ledger technology for post-trade processing of financial instruments, but does not specifically address the measurement of financial services trade.
This project investigates the data management, governance and social utility challenges concerned with how central banks, clearing banks and other stakeholders (Other Government Departments (OGDs), commercial financial i...
Funded by: EPSRC
Lead research organisation: Brunel University London
The project partially answers the question as it investigates the use of distributed ledger technology for central bank issued digital currencies, but does not specifically address the measurement of financial services trade.
The unique properties of cryptoassets have promised solutions to a variety of problems in financial markets. Properties such as fractional ownership and decentralised settlement which could offer the possibility of sweep...
Funded by: Innovate UK
Lead research organisation: CLEARPOOL LTD
The project partially answers the question as it discusses the potential of cryptoassets to enable ease of regulation and position the UK as the home of financial service digitization and innovation, but does not specifically address the measurement of financial services trade.