The Coronavirus pandemic has forced the ASX to delay the planned April 2021 implementation of its blockchain-based equities post-trade platform.
The investment from the four firms will help strengthen the FundsDLT platform and accelerate its commercial development.
New and disruptive technologies are causing a fundamental shift in mindset towards approaching legacy systems as custodians look to think outside the box.
The investment builds upon ING’s earlier involvement with the platform, as its blockchain team helped develop the initial version of the HQLAx application.
JPX has invited trust banks, asset managers, and other securities services providers to participate in the test.
Report on London’s blockchain ecosystem from Outlier Ventures labels the city the best destination in Europe for blockchain startups.
Deutsche Bundesbank and Deutsche Boerse have outlined the several advantages DLT will bring to increasing the speed and availability of collateral.
In the first part of our ‘what to look out for in 2020’, we ask industry experts’ for their input on technology and digital trends in the securities services industry.
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.
New Digital Vault service will enable global custody clients of HSBC to access details of their private assets in real-time.