Calastone successfully shifts funds network to DLT platform
Calastone has been engaging with a community of early adopters who have had access to the technology, including custodians and fund managers.
Calastone has been engaging with a community of early adopters who have had access to the technology, including custodians and fund managers.
The hire is the latest big name addition for BNY Mellon as it continues to build out its digital leadership.
The ASX has opened a new Customer Development Environment (CDE) for users to test and interact with the new clearing and settlement system.
Management of newly-formed SETL business have acquired the operating assets, staff and intellectual property rights of previous incarnation.
The UK-based FinTech gains big-name backing for its blockchain-based fund administration platform.
Northern Trust launched its blockchain solution for private equity fund administration in 2017 and was awarded four US patents for digitising private equity.
The settlement was carried out between the CSDs of Kuwait and Morocco using cash coins on the TCS BaNCS Network.
Decision to enable integration with other platforms lauded by the likes of BNP Paribas, DTCC and Broadridge as enabling widespread blockchain development.
The new strategy will focus on supporting early-stage companies building on its flagship Corda platform, as well as exploring joint venture opportunities.
BNY Mellon has already made some progress in implementing robotics and machine learning to its asset servicing business.