Tag: R3

September 26, 2016 BY Valentina Kirilova

R3 and eight banks trial Intel Sawtooth Lake distributed ledger technology for bond trading

Financial innovation company R3, Intel and eight R3 consortium member banks have successfully tested a distributed ledger prototype for bond transactions using Intel technology. The trial used US treasury bonds to demonstrate how distributed ledger technology can support trading in real-world financial markets, delivering the necessary scalability and supporting throughput of over 100,000 transactionsper day.…

Read more
September 20, 2016 BY Mike Fox

Banks partner with R3 and Axoni to explore blockchain for financial data

Seven buy-side and sell side firms, including AB (Alliance Bernstein), Citi, Credit Suisse and HSBC, have collaborated with financial innovation companies R3 and Axoni to explore how blockchain technology could simplify reference data processes. The group, working with R3 and Axoni through the Securities Industry and Financial Markets Association (SIFMA), recently completed a multi-month proof…

Read more
September 06, 2016 BY Mike Fox

BM&FBOVESPA becomes first exchange to join R3 distributed ledger consortium

São Paulo based financial exchange BM&FBOVESPA announced today it will be collaborating with over 60 of the world’s largest financial institutions to develop ground-breaking commercial applications for the financial services industry that leverage the appropriate elements of distributed and shared ledger technology. This initiative is part of the company’s strategy of supporting transformative projects that…

Read more
June 02, 2016 BY LeapRate Staff

R3 distributed ledger consortium continues Asia expansion as AIA Group joins

AIA Group Ltd (HKG:1299), the largest independent publicly listed pan-Asian life insurance group with assets of $168 billion, has joined R3, the financial innovation firm partnership. R3 is designing and applying distributed and shared ledger-inspired technologies to global financial markets. We had reported last week that Ping An became the first Chinese institution to join R3. AIA…

Read more
May 24, 2016 BY LeapRate Staff

Ping An becomes first Chinese institution to join R3 distributed ledger consortium

Ping An Financial Services Group has joined financial innovation firm R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets. The R3 team is made up of financial industry veterans, technologists, and new tech entrepreneurs, bringing together expertise from electronic financial markets, cryptography and digital currencies. R3 operates in New…

Read more
March 03, 2016 BY Mike Fox

R3 trials blockchain fixed income trading with 40 banks

The trial marked an unprecedented scale of institutional collaboration between the financial and technology communities exploring how distributed ledgers can be applied to global financial markets. Just released is a major blockchain announcement from financial technology innovation company R3 CEV. In short, they connected 40 banks to five different blockchains and allowed them to facilitate…

Read more
January 20, 2016 BY Maria Nikolova

R3 CEV completes distributed ledger experiment with 11 financial giants

Financial technology innovation company R3 CEV today announces the successful completion of a distributed ledger experiment involving 11 of the world’s leading financial institutions. R3 and consortium member banks Barclays PLC (LON:BARC), BMO Financial Group, Credit Suisse, Commonwealth Bank of Australia, HSBC Holdings plc (LON:HSBA), Natixis SA (EPA:KN), Royal Bank of Scotland Group plc (LON:RBS),…

Read more
December 17, 2015 BY Maria Nikolova

R3’s distributed ledger initiative boasts 42 bank members

Financial innovation company R3 announced today that it has concluded its distributed ledger bank membership round with the addition of 12 new banks, thus taking the total number of such members to 42. Following its September launch, the company has registered significant interest in the consortium from financial services companies around the world. Recently, LeapRate…

Read more