1197 articles tagged with this keyword
News/Post-trade & ops
ABN Amro, ING and Societe Generale are joining forces with oil giants BP, Shell and Statoil, as well as several trading houses to build a blockchain-based digital platform for energy commodities trading.
07 November 2017
Intercontinental Exchange has agreed to sell energy trading technology shop Trayport to Canadian exchange operator TMX Group in a deal worth around £550 million.
27 October 2017
JPMorgan has signed a multi-year contract with UK-based Mosaic Smart Data - the first graduate of the Wall Street bank's 'In-Residence' technology startup programme - spanning its global fixed income trading business.
23 October 2017
Payments Canada, the Bank of Canada and TMX Group have come together to experiment with an integrated securities and payment settlement platform based on distributed ledger technology.
19 October 2017
Fundchain, a collaborative initiative of the Luxembourg fund industry, is to advance its exploration into potential applications for distributed ledger technology and define ready-to-use products that could be implemented in the short-term.
Research undertaken by McKinsey estimates that broader, global adoption of Legal Entity Identifiers (LEIs) could yield annual savings of over $150m within the investment banking industry and up to $500m for banks in the issuance of letters of credit.
18 October 2017
Sunny optimism faced off with hard-nosed pragmatism during an early Sibos session on blockchain in the cash and securities settlement space, as ConsenSys rep Monica Singer tried desperately to win over cynical bankers.
17 October 2017
BNP Paribas has joined forces with Tata Consultancy Services in a bid to transform the tortuous corporate events lifecyle through the use of blockchain technology.
16 October 2017
Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.
13 October 2017
Deutsche Bank aims to create a common industry standard for trading technology by making its own computer code publicly available for the first time.
09 October 2017
BNP Paribas Securities Services is implementing Smart Chaser, a trade matching tool that uses artificial intelligence to warn brokers and their clients of live trades that may require manual intervention to complete.
A consortium of banks and technology vendors led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms.
06 October 2017
Top executives at the Australian Securities Exchange say they are "increasingly confident" about the prospect of replacing their legacy post-trade infrastructure with a platform based on distributed ledger technology.
28 September 2017
Sweden's SEB is working with Nasdaq to develop a prototype for a mutual fund trading platform based on blockchain technology.
27 September 2017
Blockchain consortium R3 is collaborating with 12 banks and technology vendor TradeIX on an open-account trade finance project for corporate buyers and sellers around the world.
26 September 2017
Germany's Commerzbank has hailed the potential of blokchain technology for money market trades, having successfully replicated a EUR100,000 Euro Commercial Paper transaction with a limited number of trading partners.
25 September 2017
Finextra is partnering with leading banks and vendors to run a series of roundtable events covering corporate banking, trade and supply chain finance and winning strategies for fintech collaboration at the annual Sibos conference in Toronto in October.
22 September 2017
Deutsche Bundesbank has dampened the blockchain hype, dismissing distributed ledger technology's prospects in retail payments, at least in the eurozone, and pouring cold water on central bank-issued digital currencies.
SETL and four french fund managers are aiming to go into production in 2018 with a pan-European fund record-keeping platform based on blockchain technology.
15 September 2017
Regulatory impediments and the current fragmentation of protocols from a multiplicty of providers of distributed ledger technology will prove to be a major challenge for banks to overcome before the technology can go mainstream in financial markets, says a senior Deutsche Börse executive.
11 September 2017
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