New DLT-based securities lending platform executes first transactions with banks
The project has been lauded by industry experts, and HQLAx founder Guido Stroemer was included in Global Custodian’s 30 to Shape the Future list.
Tag: DLT
HSBC launches custody blockchain platform to digitise private placement records
New Digital Vault service will enable global custody clients of HSBC to access details of their private assets in real-time.
JP Morgan automates derivatives margin payments with DLT
JP Morgan has developed a DLT-based system alongside Baton Systems to speed-up and automate post-trade margin payments.
Instability in Hong Kong and digitalisation: Key talking points from TNF Asia
The Network Forum (TNF) returned to Hong Kong for its Asia Meeting this week, amid a backdrop of political and social unrest.
Northern Trust strikes FinTech partnership for DLT bond trading platform
Northern Trust will become the exclusive asset servicing provider for the DLT-powered BondEvalue fixed income trading platform.
HSBC to work with SGX and Temasek on DLT for fixed income
The partnership will mark the first end-to-end digitisation effort focusing on the Asian bond markets.
Paxos given go-ahead to launch blockchain-based settlement platform for US stock market
Credit Suisse and Societe Generale have been confirmed as the first two banks to use the Paxos Settlement Service.
Former Citi FX prime brokerage head joins blockchain settlement firm
Alex Knight spent 18 years with Citi, most recently heading up global sales and client coverage of the bank’s FX prime brokerage.
Commerzbank, Deutsche Boerse and MEAG use blockchain for settlement process
Project saw cash and securities tokens swapped for settlement using DLT, and tokenised cash used as collateral for margin requirements.
Utility Settlement Coin: A project the banks can get behind
The Utility Settlement Coin initiative will tokenise fiat currencies on an Ethereum-based blockchain addressing the ‘cash on a ledger’ problem and potentially transforming the post-trade process, and, most importantly, custodian banks are throwing their money behind it, writes Jonathan Watkins.