Digital Assets for Financial Services

Matt leads the PwC US Digital Asset and Web3 team. He combines his 15+ years of experience in financial services including risk management, regulatory and digital transformation with his experience as an active participant in NFT and crypto communities. He helps traditional companies strategize and operationalize how to incorporate these new technologies into their businesses, while also helping digital asset native companies expand and integrate within traditional industries.

Relevant Experience

• Digital asset and web3 strategy design including go-to-market strategy, capability, feasibility and use case assessment

• Competitive landscape assessment for digital asset ecosystem (e.g., custody, tokenization platforms, defi)

• Operational and risk management frameworks for digital asset custodians, exchanges and funds.
• Operational and regulatory due diligence for family office, crypto fund and asset wealth managers.

• Deep understanding of DeFi protocols and NFTs including the shift towards institutionalization.
• Matt has authored several thought leadership pieces across a variety of Digital Asset topics, including the regulatory landscape, mainstream adoption, and Central Bank Digital Currencies (CBDCs).
• Matt helped develop several playbooks (including PwC’s global crypto custody playbook and PwC’s CBDC global playbook), PwC’s global CBDC Index, risk assessment frameworks and internal trainings.
• Drives PwC US thought leadership strategy for digital assets having written several thought leadership pieces across topics such as CBDCs, Crypto regulation and Decentralized Finance as well as hosting PwC monthly digital asset webinars.

Specialities:

• Digital asset and web3 strategy design 

• Digital asset and web3 governance

• NFT Ecosystem - Product Strategy & Execution

• Crypto Custody

• Risk management framework 

• Regulatory strategy and assessments

Profile

• Patrick is a Partner and leads PwC Switzerland’s Financial Services practice. 

• He has led programs with multiple clients launching digital asset related initiatives, including Banks, Layer 1 technology providers, Digital Asset Service Providers seeking licenses, as well as token issuers and DeFi protocols.
• Through his 20 year tenure at PwC in Paris, New York and Zurich, he has proven experience in large scale transformation projects in traditional financial services. He has focused particularly on the client experience of American and European Asset Managers and Banks and is responsible for a number of technology partner collaborations.

Relevant Experience

• Multiple complex “end-to-end” transformation programs in the digital asset environment, covering definition of the business case, regulatory strategy and submission through to operating model definition and implementation.

• Delivered legal entity transformation initiatives for multiple clients, supporting the restructuring token issuers, payment providers and Layer 1 technology firms covering, regulatory, licensing, tax and operational aspects including asset transfers and wind-down

• Definition of the legal structure and local implementation of a Digital Asset Service Providers seeking licenses in Switzerland and Liechtenstein

• Specialist on crypto ecosystem, payment platforms, technology and value chain operationalisation across the different processes.

• Specialist on the risks and compliance solutions to support digital assets, exchanges, and payment processors.

Profile

Andreas leads the Digital Assets & Crypto practice for PwC Germany and has more than 25 years of consulting experience for financial services companies. He supports his clients from strategy through execution, embracing the evolution of IT, the drive for industrialization of processes and the evolution of and the need for a competitive positioning within the Financial Services ecosystem.Andreas has managed large-scale multi-site and off-shore delivery projects for globally leading financial institutions. Prior to joining PwC, he has held leadership positions at Capco and Accenture, where he managed the Capital  Markets business for Germany, Austria and Switzerland. 

As Digital Assets Lead, he consults both traditional financial institutions to navigate into digital assets and blockchain technology and crypto natives, working with globally leading crypto exchanges and brokerages and supporting crypto and blockchain startups in business strategy and market entry through to license applications and operational excellence.

Relevant Experience

• Supported license application and regulatory strategy for numerous digital asset market entrants

• Digital asset strategy for established financial institutions across investment banking, market infrastructure and asset management

• Created business strategy, financial model and IT implementation concepts for European market entry of globally leading crypto exchange

• Go-live of first regulated trading venue for digital assets starting with crypto-currencies. Development of strategy and implementation plan for crypto-custodians and secondary market for trading of security tokens

• Definition of comprehensive business strategy for a leading market infrastructure provider across all units of their ICSD and CSD business in light of a transformation of the global market infrastructure ecosystem

• Definition of business case and implementation roadmap for outsourcing of the securities services functions of one of Germany’s largest retail and wholesale bank to a BPO provider

• IT strategy and IT roadmap for 5 year transformation program for a leading global exchange organization  covering trading, clearing, settlement, asset servicing, and market services

Profile

Peter is a Partner in PwC Hong Kong and has been working as part of PwC’s core Crypto advisory team since 2017.  He is a keen believer that recent developments in NFTs, Blockchain technology and AR/VR will remake the internet and open up game-changing value for participants.  

Clients include a number of major crypto spot and derivative exchanges, custodians, token issuers, crypto borrowing and lending providers and crypto funds as well as NFT marketplaces, play-to-earn games and NFT creators.   More recently Peter was a key driver of PwC HK’s acquisition of virtual land in The Sandbox has used the experience to learn for himself the issues that company’s face when entering the open metaverse.

Peter is a member of the tax working group of Global Digital Finance and has contributed to a number of tax policy discussions on crypto assets including with the OECD and Hong Kong Inland Revenue Department.

Relevant Experience

PwC and the Sandbox

• Peter led PwC HK’s acquisition of virtual land in The Sandbox has used the experience to learn first-hand for himself the issues that company’s face when entering the metaverse and dealing in Web3.0.

NFT Market Place