ABOUT US
We exist to transform financial markets to operate with greater efficiency and transparency
R3 is leading the future of digital finance by powering multi-party solutions that deliver digital trust and unlock greater potential for regulated businesses everywhere.
founders’ vision
Trust that ‘what you see is what I see’
In 2014, David E. Rutter, Todd McDonald and Jesse Edwards founded R3 with the belief that direct, digital collaboration was the future of financial services. The ‘what you see is what I see’ foundational principle has only grown in importance with the acceleration of not just digital finance, but of everything.
From the very early days of R3 backed by over 42 of the world’s largest banks, one of our simple mantras was to build technology that allows regulated businesses to trust that ‘what you see is what I see.’
David E. Rutter—Founder, Chief Executive Officer
At R3, we are committed to moving financial markets forward by building trusted bridges across regulated networks, enabling minimal friction and delivering maximum safety. Because in this fast-moving market if you’re standing still, you’re actually moving backwards.
Todd McDonald—Co-Founder, Chief Strategy Officer
Less centralized, more connected
As financial services veterans, David and Todd knew first-hand that there was a lack of trust in how financial institutions collaborated and transacted with each other, and their customers. They believed that if these organizations were less centralized and more connected, financial markets—and other regulated industries—could run far more efficiently and effectively.
Passion to drive distributed ledger technology forward
The R3 team developed Corda—the world’s first native private, permissioned DLT platform that is not only secure and regulatory-compliant by design, but has facilitated hundreds of networks across financial services.
Our milestones
How the story unfolded
2016
Launched the world’s first permissioned open source DLT platform.
2018
Launched the Enterprise Edition of Corda with mission-critical features for production.
2021
Acquired tokenization specialist firm to strengthen digital currency capabilities.
2023
The next generation of Corda launches (Corda 5).
Our story today
R3 is a leading provider of enterprise technology and services that enable the secure exchange of value in regulated industries where trust is critical. Applications developed on our tokenization platform Corda harness the “Power of 3″—R3’s distributed ledger technology (DLT), connected networks and regulated markets expertise—to drive transformation in digital finance.
As one of the first companies to deliver a private, permissioned DLT platform, R3’s Corda empowers regulated institutions to innovate and unlock the power of digital assets and currencies, so that they can realize the full potential of the digital economy. We maintain one of the largest permissioned DLT ecosystems in the world, including global systems integrators, cloud providers, technology firms, software vendors, corporates, regulators, and financial services firms from the public and private sectors.
Backed by the world’s leading financial institutions
Our investors
Advised by the world’s leading banks and tech firms
Our board members
Paul Melchiorre
Chairman of the Board
Operating Partner
Duncan McInnes
CIO Global Markets
Vinay Mendonca
MD & Global Head Product, Propositions & Structuring, Trade and Receivables Finance
Roel Huisman
Head of Payment & Settlement Services
Frederic Dalibard
Head of Digital for CIB & Global Blockchain Coordinator
Mamoru Fujimoto
Head of Blockchain Promotion Department Executive Officer
Inessa Even
Senior Investor Principal Technology Investments
Led by a STRONG AND diverse team
Our leadership team
David E. Rutter
Founder,
Chief Executive Officer
Todd McDonald
Co-Founder,
Chief Strategy Officer
Nick Horsley
Chief of Staff
Kate Karimson
Chief Commercial Officer
Dave Hudson
Chief Engineering Officer
Kenneth Paqvalen
Chief Financial Officer
James Mitchell
Chief People Officer
Anette Somosi
Chief Legal Officer
Richard Brown
Chief Technology Officer
Dr. Alisa DiCaprio
Chief Economist
DRIVING INDUSTRY STANDARDS
Partnering with trade associations
We are actively engaged with trade associations such as ISDA, Hyperledger Foundation, GBBC, and Association for Cooperative Operations Research and Development (ACORD).
