DLT Technology · Enterprise Software
R3 header


DLT Technology · Enterprise Software

Enterprise DLT and confidential computing platform

United States, New York City

Profile claimed

Total amount raised
Team size
Year of establishment


Hi we’re R3!

R3 is an enterprise software firm that is pioneering digital industry transformation. We deliver purpose-built distributed ledger technology for all types of businesses in all industries.

Developed in collaboration with our ecosystem, our enterprise blockchain platform Corda is transforming entire industries by digitalizing the processes and systems that firms rely on to connect and transact with each other. Our blockchain ecosystem is the largest in the world with more than 350 institutions deploying and building on Corda Enterprise and Corda. Our customers and partners have access to a network of leading systems integrators, cloud providers, technology firms, software vendors, corporates and banks.

To ensure our customers derive the greatest value from their investment, we provide services and support to shorten time-to-market, as well as guidance on implementation, integration and building ecosystems based on a blockchain platform.

R3’s global team of over 300 professionals in 14 countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base.

“The Corda platform is already being used in industries from financial services to healthcare, shipping, insurance and more. It records, manages, executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.”

Key objective

Helping the world’s highly regulated institutions build trust into digital solutions underpinned by our leading platforms.

Slogan / Motto

Powering solutions that deliver trust across financial services and beyond.

Use cases

Blockchain Services
Blockchain Development Platform
Enterprise Service


250 - 500
Full team size
Team members

Richard G Brown Chief Technology Officer


Richard is the Chief Technology Officer at R3 and is one of the world’s leading authorities on distributed ledger systems and architectures.

Previously, Richard was the Executive Architect for Banking and Financial Markets industry innovation at IBM UK. His previous roles with the company, for whom he worked for almost fifteen years, included Lead Account Architect for a global Investment Banking client and a consultant for IBM software products. Richard is a Chartered Engineer, holds an MBA with distinction from Warwick Business School and a first-class degree in Mathematics from Trinity College, Cambridge.

Charley Cooper Chief Communications Officer


Charley leads External Affairs globally for R3, covering regulatory affairs, communications, and public relations. Most recently, Charley worked as the Chief Operating Officer of State Street Global Market’s division of Trading and Clearing, before which he served as the Global Head of Legal Operations in the risk management division of Deutsche Bank AG.

Charley spent over two years as the Chief of Staff / Chief Operating Officer for the U.S. Commodity Futures Trading Commission and served as Senior Advisor to Deputy Secretary of Defense Paul Wolfowitz at the Pentagon. In recognition of his service, Cooper was awarded the Office of the Secretary of Defense Medal for Exceptional Public Service in May 2005. He has earned both a B.A. (Government) and a J.D. from Georgetown University.

James Carlyle Chief Information Officer


James is R3’s Chief Information Officer and is focused on defining a candidate architecture and building out a collaborative lab for experimentation. Previously, James was Chief Engineer within Corporate Banking at Barclays, where he designed and delivered the bank’s corporate internet channel, and the bank’s US banking and dollar clearing platforms.

Before Barclays, James co-founded two start-ups and holds patents in mobile data search and directory technology. He is a Chartered Engineer and holds a degree in Engineering Science from University College, Durham.

David E. Rutter Founder & Chief Executive Officer


David founded R3 in 2015 and in his role of Chief Executive Officer is responsible for the strategic direction of R3.

With over 30 years of experience leading some of Wall Street’s top institutions, David is a longtime creative thought leader in financial markets and innovation, and has played a significant role in the adoption of electronic trading in the global OTC derivatives industry.

David served for ten years as the CEO of Electronic Broking at ICAP Plc, the world’s largest interdealer broker, where he led the BrokerTec fixed income and EBS foreign exchange platforms. Prior to ICAP, David was co-owner and CEO (Americas) of Prebon Yamane.

Todd McDonald Co-Founder & Chief Product Officer


Todd is Co-Founder and Head of Product and Marketing for R3. Todd co-founded R3 in 2015 and was one of the first to uncover the promise of blockchain technology for the financial services industry and beyond.

In his current role, Todd is responsible for R3’s product and marketing strategy, aligning key markets and customers to drive the longer term strategic roadmap for Corda. He also served on the Hyperledger Governing Board where he oversaw all project business and marketing matters. Todd, alongside fellow leaders in the crypto assets sector, founded The Global Digital Finance (GDF) industry body to release an industry code of conduct to drive sustainable crypto assets innovation.

Prior to R3, Todd spent fourteen years at Standard Chartered Bank as a Managing Director in their financial markets group where he held positions such as Global Head of Electronic FX Trading and Head of FX for the Americas. Todd holds a BA in Economics and Political Science from Colgate University, NY.

Cathy Minter Chief Revenue Officer


Cathy Minter is Chief Revenue Officer at R3, responsible for R3’s commercial activity and revenue generations. Before joining R3, Cathy was Head of Americas Sales at Docker. Prior to joining Docker, Cathy was responsible for global sales and operations at SpaceTime Insight, a leading provider of advanced visual analytics and IoT solutions, acquired by Nokia. With more than 20 years of technology and software experience, she began her career at AT&T in New York City as a global account manager responsible for financial services clients including Goldman Sachs and Credit Suisse.

Following AT&T, Minter held strategic sales positions within Oracle’s Communications Industry, then moved on to executive management positions at SAP, including Vice President, U.S. Communications Industry. Following SAP, Minter was appointed President of Cordys Americas, an orchestration and cloud technology software start-up that was acquired by OpenText. Cathy has a degree in economics from Clemson University and an MBA from Fordham University.

Dave Hudson Chief Engineering Officer


Dave is the Chief Engineering Officer at R3. He leads the global engineering team that designs and builds Corda and its associated services. Dave has nearly 30 years of experience leading software architecture and engineering efforts, primarily in network and distributed systems applications, spanning large multinational companies and startups. He is a graduate of Manchester University and holds a degree in Electronic and Electrical Engineering.

Customers / Partners



Received funding
Total amount raised
Total amount of investors
Amount Raised
Funding type
Funding round closing
CLS Group
Series A
B3 S.A. - Brasil, Bolsa, Balcao
Banco Bradesco S.A.
Bangkok Bank
Bank of America Merrill Lynch
Bank of Montreal
Barclays Bank
BNP Paribas
BNY Mellon
Canadian Imperial Bank of Commerce
Commerzbank - Equity Markets and Commodities Unit
Commonwealth Bank of Australia
Credit Suisse
Daiwa Securities Group Inc.
Danske Bank Group
Deutsche Bank
Intel Capital
Intesa Sanpaolo
Banks Itaú Unibanco Holding SA
Mitsubishi UFJ Financial Group
Mizuho Financial Group
Nordea Bank
Northern Trust
OP Financial Group
Ping An Insurance
Royal Bank of Canada
SBI Group
Societe Generale Group
Sumitomo Mitsui Banking Corporation
TD Bank Group
U.S. Bank
Wells Fargo & Company
Westpac Group


R3 Development Fund invests first $10 million in over 20 start-ups

Global enterprise software firm R3’s Development Fund has reached the milestone of USD 10 million in capital deployed across over 30 investments in more than 20 of the most promising early-stage blockchain and confidential computing companies.

18 days ago


China's blockchain project BSN to integrate R3 Corda

Chinese banks will soon have access to a permissioned version of the Corda Enterprise infrastructure via the country's Blockchain Service Network.

a month ago

Product update/release
Corda Enterprise

R3 Corda Enterprise available on China's Blockchain-based Service Network

R3, the enterprise blockchain software firm, today announced a partnership with Red Date Tech, a key infrastructure developer of China's Blockchain-based Service Network (BSN), to license Corda Enterprise for the development of a permissioned blockchain network in China and a free Corda-based Open Permissioned Chain on BSN China.

a month ago

Product update/release
Corda Enterprise

Singapore's #dtledgers raises $7 million; pivots to R3 Corda

Singapore-based fintech firm, #dltledgers, has completed a Series A funding round led by Regus and Savoy Capital, Vittal, Walden International and various veteran industry leaders. The Series A funding round closed with a total of USD $7 million.

a month ago

Corda Enterprise

USDC governing body Centre adds JPM, R3 alum David Puth as CEO

The Consortium announced today that it has onboarded Puth to grow Centre membership and adoption of USDC on additional blockchain networks. The post USDC governing body Centre adds JPM, R3 alum David Puth as CEO appeared first on The Block.

5 months ago

General news