Tag: DLT

Euroclear reports operating income increase of 7% in H1 2021
March 21, 2022 BY Steffy Bogdanova

Euroclear announces investment in Fnality

Rhomaios Ram, CEO Fnality International said: The institutional commercialisation of DLT is being realised through Fnality’s creation of a network of distributed payment systems using blockchain technology. As we progress from testing to real-world implementation, welcoming Euroclear Group as an investor into the Fnality International consortium will significantly enhance the diversification of Fnality’s network and…

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December 07, 2021 BY Steffy Bogdanova

State Street, Vanguard and Symbiont team up to accelerate using DLT technology in FX forward trading

Nadine Chakar, head of State Street Digital, said: State Street Digital is incredibly pleased to have collaborated with both Vanguard and Symbiont on this monumental industry initiative to digitize the margining process around collateralized foreign exchange forward contracts that will reduce our customers operational challenges through process automation and state of the art technologies. Our…

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Broadridge Financial Solutions
June 14, 2021 BY Steffy Bogdanova

Broadridge releases its DLT Repo Platform

DLR provides a single space where market participants can agree, execute and settle repo transactions. The platform also allows for the immobilization of the underlying securities in the repo transactions, while transferring ownership via smart contracts executed on the platform. Its functionality reduces the operating cost and risk of all repo activity, such as intraday,…

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April 30, 2020 BY Steffy Bogdanova

New common standards for crypto custody and management issued in Switzerland

Fedor Poskriakov commented: This will greatly contribute to the emergence of fully digital capital market infrastructures, including integrated custody and secondary trading venues. The benefits of the digitalization of the financial industry are such that the evolution towards decentralized infrastructures seems inevitable. The CMTA highlighted that storage of digital assets is significantly different from traditional…

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DTCC - new additions to the Board
February 13, 2020 BY Steffy Bogdanova

DTCC calls for coordinated security strategy on distributed ledger technology

With the expected growth of distributed ledger technology (DLT) implementation, the post-trade financial services company, Depository Trust & Clearing Corporation (DTCC), published a white paper on security issues and guidelines for securing DLT networks. The paper recommends establishing comprehensive DLT Security Framework to review existing security protocols, gaps in the procedures and increase the security…

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February 12, 2020 BY Valentina Kirilova

Actinver, BNP Paribas, Citibank and J.P. Morgan join CLS’s DLT bilateral payment netting service

CLS, a market infrastructure delivering settlement, processing and data solutions, has just announced that Actinver, BNP Paribas, Citibank and J.P. Morgan are now live on CLSNet. The aforementioned giants joined the standardized, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform, earlier this week, increasing its…

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fma warns against unregulated company
September 16, 2019 BY Valentina Kirilova

New report contends blockchain could be disruptive to cross-border arena

The Greenwich Associates (GA), a global analytics and consulting firm based out of Stamford, Connecticut, has published a new report, which sounds an alarm bell that blockchain technology, i.e., Distributed Ledger Technology (DLT), when applied to the cross-border payments space, could be overly disruptive and undo financial arrangements that have evolved over centuries. The report…

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September 05, 2019 BY Valentina Kirilova

DTCC and Accenture to manage risks and promote safety across DLT landscape

The Depository Trust & Clearing Corporation (DTCC), the market infrastructure for the global financial services industry, and Accenture (NYSE: ACN) have yesterday published a white paper named Governing DLT Networks. The white paper introduces a DLT governance operating model to manage risks and consequences of an evolving DLT landscape, to ensure the safety and soundness…

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August 26, 2019 BY Valentina Kirilova

ASX to work with Digital Asset and VMware on DLT initiatives in Australia and New Zealand

The Australian Securities Exchange (ASX) announced today that it has teamed up with distributed ledger technology (DLT) specialist Digital Asset (DA) and VMware. The exchange has signed a three-party memorandum of understanding (MoU) to work together with the other two companies on DLT initiatives in Australia and New Zealand. This will include the development of…

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