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.
JP Morgan has developed a DLT-based system alongside Baton Systems to speed-up and automate post-trade margin payments.
The Network Forum (TNF) returned to Hong Kong for its Asia Meeting this week, amid a backdrop of political and social unrest.
Northern Trust will become the exclusive asset servicing provider for the DLT-powered BondEvalue fixed income trading platform.
The partnership will mark the first end-to-end digitisation effort focusing on the Asian bond markets.
Credit Suisse and Societe Generale have been confirmed as the first two banks to use the Paxos Settlement Service.
Alex Knight spent 18 years with Citi, most recently heading up global sales and client coverage of the bank’s FX prime brokerage.
Project saw cash and securities tokens swapped for settlement using DLT, and tokenised cash used as collateral for margin requirements.
Custodians may be forced to adapt their business and operating models sooner than expected, as DLT-solutions and digital asset infrastructures take shape.
Sibos 2019 in London saw several key announcements from securities services providers over the deployment of APIs, AI and DLT.