GDF, the leading open innovation community advocating and accelerating the adoption of digital finance, and ACI Financial Markets Association (ACI FMA), a global trade association representing professionals in financial markets, launched the Joint Standards Stewardship Working Group (WG) aimed at promoting and stewarding the Global Cryptoasset Standards (the Standards) last year.
Since then, the Working Group has developed over 20 scenarios in collaboration with EY and Kaiko to leverage on the ACI FMA’s platform ELAC – a tool designed to equip market participants with skills needed to adopt and implement best practices consistently by combining training and certification, focused on ongoing professional development.
These scenarios – now live on ELAC – enable professionals to develop a practical understanding of the Standards, engage in market simulation exercises, and answer questions that align closely with daily market operations. Their aim is to help users of ELAC understand how the Standards apply to their specific roles, fostering consistent and practical application of the Standards across the industry.