Industry heavyweights partner for blockchain margin and collateral service
Nasdaq, EuroCCP, Euroclear and ABN AMRO Clearing use blockchain for collateral processes in ‘breakthrough for CCP model’.
Tag: blockchain
First mover advantage
The Australian Securities Exchange (ASX) has been the first adopter of blockchain technology for its equity post-trade infrastructure. Will this move resonate with other clearing houses, and is this the time to embrace blockchain?
Fund Forum review: Asset managers looking to be green and lean
Our round-up of Fund Forum Berlin looks at how asset managers are looking to factor in ESG to their strategies, while the technology debate of cost vs reward rumbles on.
Blockchain consortium R3 CEO blasts rumours of financial woes
R3 chief David Rutter hits back at ‘false rumours’ of financial troubles spread by two former employees.
Northern Trust gains US patents for DLT fund administration products
The patents build on the recently launched blockchain solution for private equity fund administration, which it partnered with IBM on last year.
Blockchain settlement platform Paxos raises $65 million from investors
The company will use the new resources to significantly scale operations and accelerate the delivery of a new settlement platform.
No transaction reconciliation required as Commerzbank uses blockchain for FX trade
The use of blockchain eliminates the need for transaction reconciliation, as the trade was stored as a single immutable record.
Asian investors expect AI to be mainstream in financial services
Robotics and automation has been touted to generate $20 billion in savings across the securities services industry.
Technology
Pivotal blockchain developments mark big 10 days for securities services
Multiple breakthroughs for distributed ledger technology in 10 day span for securities services industry.
Broadridge and Santander complete pilot proxy vote on blockchain
In collaboration with JP Morgan and Northern trust as the custodian banks, the pilot was conducted in March at Santander’s AGM.