UK FinTechs partner with NatWest and Santander to execute first cross-chain pilot debt transaction on public blockchain
The pilot proof of concept demonstrates a near-instant solution which structures, executes and settles trades on a T=0 basis
The pilot proof of concept demonstrates a near-instant solution which structures, executes and settles trades on a T=0 basis
The combination with Santander expands CACEIS' reach to Spain and Latin America, giving the combined unit €5.1 trillion in AuC/A.
In collaboration with JP Morgan and Northern trust as the custodian banks, the pilot was conducted in March at Santander’s AGM.
The bank’s appointment of a new head of transaction banking follows the appointment of a US boss and a new global head of financial institutions.