New partnership will help enhance Deutsche Börse’s cloud adoption and efficiency, develop its digital securities platform and innovate its digital asset market operations.
The taskforce will examine the case for quicker settlement times, with initial findings due to be published by December.
New offering will give clients opportunities to reduce costs as well as improved operational and strategic efficiencies.
Initiated by Fnality and HQLAX, project showcases how platforms running on different DLTs can be linked.
Offshore Yuan becomes the fifth currency to be settled between the two banks, with plans for additional currencies to be added in the next few months.
Latest funding round brings the total capital raised by the fintech to $97 million since 2018.
Incoming head brings considerable experience to the firm, having previously served at Accenture and BMO Financial Group over the last decade.
Incoming managing director brings 14 years’ worth of prime brokerage and hedge fund experience to Clear Street, having previously served at Cowen, Global Prime Partners and BNP Paribas.
Among the new appointments are several promotions from within the firm, as Northern Trust looks to strengthen its global capital markets business.
Phase 6 of the Uncleared Margin Rules has been implemented today, with the regulation having the biggest impact on the buy-side yet. Industry experts react to the deadline, giving insights on where we stand today.