Tag: banking

November 21, 2016 BY admin

Founding member Goldman Sachs leaves blockchain consortium R3

Just announced today, global investment banking giant Goldman Sachs Group Inc (NYSE: GS) has left the R3 distributed ledger technology consortium it helped to found two years ago, reported by the Wall Street Journal (WSJ). The multinational finance company was one of nine original members of R3. The consortium however continues to build momentum since its…

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September 28, 2016 BY Mike Fox

IBM Study: Blockchain adoption moving rapidly in banking and financial markets

Commercial blockchain solutions are rapidly being adopted throughout banking and financial markets, dramatically faster than initially expected, finds two new IBM (NYSE: IBM) studies. 15% of banks and 14% of financial market institutions interviewed by IBM intend to implement full-scale, commercial blockchain solutions in 2017. Mass adoption isn't that far behind with roughly 65% of…

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October 06, 2014 BY Mike Fox

BGC Partners announces the appointment of trading technology vet Eric Hirschhorn to the role of CIO

BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets, today announced the appointment of Eric T. Hirschhorn to the role of Chief Information Officer (“CIO”), reporting to Shaun D. Lynn, President of BGC, effective immediately. Mr. Hirschhorn comes to BGC from Bank of America Merrill Lynch, where he has held various key positions leading global teams across…

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