FundsDLT’s blockchain solution for fund distribution goes live
The platform will allow asset managers to benefit from full straight-through processing and process automation, as well as real-time cash reconciliation.
Tag: blockchain
Market Infrastructure
Clearstream and Digital Asset exploring DLT replacement for legacy system
The major technology overhaul could mirror projects underway at the ASX and HKEX, and is part of a medium-term strategy from owner Deutsche Boerse to develop a digitised CSD.
TCS offers tech to market infrastructure firms to provide tokenised services
New solution allows market infrastructure institutions to support tokenised asset classes and drive growth.
Broadridge looks to transform repo trading with launch of new blockchain-based platform
The new platform utilises smart contracts and distributed ledger technology, a move that could potentially transform the repo market.
Digital assets move mainstream, according to joint GC and Citi research
Overwhelming percentage believe digital assets will become dominant over time, while 63% of over 200 survey participants have already begun developing a strategy.
Deputy CEO of ASX who spearheaded exchange’s blockchain project departs
Departing deputy CEO leaves ASX to pursue interests in FinTech and blockchain technology.
European Investment Bank spearheads issue of €100m digital bond with Soc Gen, Goldman Sachs
It represents the market’s first multi-dealer led, primary issuance registration and settlement of digitally native tokens using public blockchain technology.
State Street, U.S. Bank join $30m backing for FinTech Securrency
Securrency will use the proceeds to develop blockchain-based infrastructure solutions for investors, including the two US banks.
Paxos completes same-day settlement in US equities market for Credit Suisse and Instinet
The exercise between Credit Suisse and Nomura's Instinet demonstrated the ability for firms to execute and settle US equities trades conducted throughout the day.
Eastspring Investments and BNP Paribas partner with Singapore FinTech on new blockchain solution
The two firms stated they observed an 84% reduction in trade breaks and a significant reduction in non-value-added reconciliation work through the platform.