HSBC goes live on Broadridge’s distributed ledger repo platform
The solution aims to empower clients through operational efficiency and a significant reduction in settlement costs.
The solution aims to empower clients through operational efficiency and a significant reduction in settlement costs.
Due to launch in 2024, the new capability will work alongside HSBC’s Orion, the custodian’s proprietary tokenisation platform.
Helvetia Phase III will enable DvP settlement of digital bonds.
The tokenised version can be traded between HSBC and institutional investors through the HSBC Evolve single dealer platform.
Speaking prior to the announcement that Securrency will be acquired by the DTCC, Chakar discussed the need for more institutional action on blockchain, and more realism on the true use cases of the technology.
ISSA and GDF collaborate on new report to further advance the use of digital asset technology within the securities services industry.
The German bank will look to use Taurus technology to manage cryptocurrencies, tokenised assets, and digital currencies.
A lively panel on tokenisation of payments at Sibos in Toronto led to a broader recap of expectations from DLT.
Following Tuesday’s session on tokenisation, Global Custodian caught up with Waqar Chaudry, executive director, innovation and digital assets product, financing & Securities Services, Standard Chartered Bank to discuss next steps.
Every year at Sibos, one or two subjects ripen to the point where they move from the fringe to the mainstream. One of these is tokenisation.