Welcome to our collection of insightful quotes by Blythe Masters, a prominent figure in the world of finance and technology. With a career spanning over three decades, Masters has left an indelible mark on the financial industry, particularly in the realm of derivatives and blockchain technology. Her expertise and leadership have positioned her as a thought leader, shaping conversations around innovation, risk management, and the future of finance.
Throughout her career, Blythe Masters has offered valuable perspectives on various aspects of finance, technology, and leadership. From discussing the intricacies of derivatives markets to advocating for the transformative potential of blockchain, her words resonate with professionals and enthusiasts alike. Whether you’re seeking inspiration, insights, or a deeper understanding of the complexities of modern finance, you’ll find wisdom in the quotes curated below. Feel free to utilize them for presentations, social media posts, or personal reflection. Dive in and explore the profound ideas encapsulated in Blythe Masters’ words.
The idea that commodities, as an asset class, is finished is just fundamentally flawed. Blythe Masters
A credit derivative, at its core, is actually a very simple concept… The simplest way to think of a credit derivative is it is analogous to insurance against the risk of a credit default by your counterparty, your business counterpart. Blythe Masters
Just being able to trade financial commodities is a serious limitation because financial commodities represent only a tiny fraction of the reality of the real commodity exposure picture. We need to be active in the underlying physical commodity markets in order to understand and make prices. Blythe Masters
Unfortunately, tools that transfer risk can also increase systemic risk if major counterparties fail to manage their own risk exposures properly. Blythe Masters
I think the most important thing to understand about credit derivatives and their use at JPMorgan is they served a number of different purposes. First and foremost, they were a tool which initially was seen as being useful in managing the bank’s own risk management challenges. Blythe Masters
In financial services, the front end of the world operates at super-high speeds: comparative advantages are measured in fractions of nanoseconds. And yet back end processes – the amount of time you have to wait when you sell a stock before cash hits your account – can take days. Blythe Masters
I’ve always been motivated to innovate where the implications are significant. Blythe Masters
You have to abide by the regulations that the regulators insist on. This is not a philosophical divide – it’s a fact of life. Blythe Masters
When asked to explain this space, I often ask people to forget pretty much everything you’ve heard about blockchains, crypto-currencies, and bitcoin, and instead dumb it down a lot and think about something no more complex or intimidating than good old-fashioned database technology. Blythe Masters
Blockchain technology represents a generational opportunity to mutualize database infrastructure across entities within financial services. What that translates into is an enormous cost-saving, risk-reducing, and capital-enhancing opportunity. Blythe Masters
Digital Asset has a revolutionary technology platform that eliminates the counterparty risk and lack of transparency that has hindered mainstream adoption of cryptographic technology. The possibilities for reducing cost and risk in settlement are enormous. Blythe Masters
The thing about innovation in financial markets is they’re always building on what has come before. It’s a natural process. Blythe Masters
The credit derivative market would never have evolved but for the preexistence of the derivative markets because so much of the technology was borrowed. Blythe Masters
If you think about any multiparty process where shared information is necessary to the completion of transactions, and the coordination of activity and the exchange of value, that’s where blockchain technology can be put to good use. Blythe Masters
In bypassing barriers between different classes, maturities, rating categories, debt seniority levels and so on, credit derivatives are creating enormous opportunities to exploit and profit from associated discontinuities in the pricing of credit risk. Blythe Masters
I spent my whole career thinking about risk, markets, infrastructure, and regulation. I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem. Blythe Masters
Blockchain technology, or distributed ledger technology, is just a way of using the modern sciences of encryption to enable entities to share a common infrastructure for database retention. Blythe Masters
I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem. Blythe Masters
We all want a non-fragmented solution, but the utopian version of a single blockchain to rule them all is undesirable and impractical. Blythe Masters
The platforms that are big, global, diversified, and both financial and physically enabled are competitively much better positioned than those which are not. Blythe Masters
With private chains, you can have a completely known universe of transaction processors. That appeals to financial institutions that are wary of the bitcoin blockchain. Blythe Masters
I have a quantitative background, but really, derivatives appealed to me because they require so much creativity. Blythe Masters
It was amazing feeling to be able to be involved in invention, but not just invention – the creating of a marketplace that had real value to add. Blythe Masters
Digital Asset has a talented team and technology that is uniquely positioned to solve challenging settlement issues facing global financial institutions. Blythe Masters
Distributed ledger technology is fashionable. In fact, if you could wear it, you’d put Ralph Lauren out of business, at least in my case. Blythe Masters
It is noticeable how many times you see a panel at a conference made up of all men or look into the audience and see very few women, whether it is an event focused on technology or business. Blythe Masters
The blockchain is the financial challenge of our time. It is going to change the way that our financial world operates. Blythe Masters
Our view is that sensitive, contractual, market-moving, private data should be kept private. Blythe Masters
If you exclude your talent base from the benefits of hiring and deploying and making women successful, you’re going to do less well than businesses that do a better job on that front. Blythe Masters
I would describe Hyperledger as a tremendous opportunity for collaboration for firms that range from gigantic commercial concerns all the way to the smallest, newest startups. It’s a community of great intellectual depth and great commercial breadth, and as such, I think the opportunity to be part of that is a unique and enriching experience. Blythe Masters
Digital Asset has a revolutionary technology platform that eliminates the counterparty risk and lack of transparency that has hindered mainstream adoption of cryptographic technology. Blythe Masters
The Hyperledger Project is gaining traction on a daily basis, displaying how vital this effort is in advancing distributed ledger technology. Uniting the industry to drive this initiative forward is paramount to the success of distributed ledger technology. Blythe Masters
