169 citations · 300 across the 10 of their papers we have counts for
10 papers
Anchoring UK Retail Digital Money
Lee Braine, Shreepad Shukla, Piyush Agrawal
In the UK, the Bank of England and HM Treasury are exploring a potential UK retail CBDC, the digital pound, with one of their motivations being the potential role of the digital po…
Payments Use Cases and Design Options for Interoperability and Funds Locking across Digital Pounds and Commercial Bank Money
Lee Braine, Shreepad Shukla, Piyush Agrawal +2
Central banks are actively exploring retail central bank digital currencies (CBDCs), with the Bank of England currently in the design phase for a potential UK retail CBDC, the digi…
Functional Consistency across Retail Central Bank Digital Currency and Commercial Bank Money
Lee Braine, Shreepad Shukla, Piyush Agrawal
Central banks are actively exploring central bank digital currencies (CBDCs) by conducting research, proofs of concept and pilots. However, adoption of a retail CBDC can risk fragm…
Illustrative Industry Architecture to Mitigate Potential Fragmentation across a Central Bank Digital Currency and Commercial Bank Money
Lee Braine, Shreepad Shukla
Central banks are actively exploring central bank digital currencies (CBDCs) by conducting research, proofs of concept and pilots. However, adoption of a CBDC can risk fragmenting…
Simulation of Derivatives Post-Trade Services using an Authoritative Data Store and the ISDA Common Domain Model
Vikram A. Bakshi, Aishwarya Nair, Lee Braine
In this paper, we present a summary of the design and implementation of a simulation of post-trade services for interest rate swaps, from execution to maturity. We use an authorita…
Simulating an Object-Oriented Financial System in a Functional Language
Lee Braine, Keith Haviland, Owen Smith-Jaynes +2
This paper summarises a successful application of functional programming within a commercial environment. We report on experience at Accenture's Financial Services Solution Centre…
Industry Adoption Scenarios for Authoritative Data Stores using the ISDA Common Domain Model
Aishwarya Nair, Lee Braine
In this paper we explore opportunities for the post-trade industry to standardize and simplify in order to significantly increase efficiency and reduce costs. We start by summarizi…
Quantum Algorithms for Mixed Binary Optimization applied to Transaction Settlement
Lee Braine, Daniel J. Egger, Jennifer Glick +1
We extend variational quantum optimization algorithms for Quadratic Unconstrained Binary Optimization problems to the class of Mixed Binary Optimization problems. This allows us to…
Smart Contract Templates: essential requirements and design options
Christopher D. Clack, Vikram A. Bakshi, Lee Braine
Smart Contract Templates support legally-enforceable smart contracts, using operational parameters to connect legal agreements to standardised code. In this paper, we explore the d…
Smart Contract Templates: foundations, design landscape and research directions
Christopher D. Clack, Vikram A. Bakshi, Lee Braine
In this position paper, we consider some foundational topics regarding smart contracts (such as terminology, automation, enforceability, and semantics) and define a smart contract…