Can distributed ledger technology enable equity settlement? LeapRate

October 23, 2018 BY Valentina Kirilova

Can distributed ledger technology enable equity settlement?

Payments Canada, the Bank of Canada, TMX Group (TSX:X), Accenture (NYSE: ACN) and R3 have published a report demonstrating the feasibility of clearing and settlement of securities using distributed ledger technology (DLT). The findings are a result of the third phase of Project Jasper, a collaborative research initiative between Payments Canada, the Bank of Canada and…

October 17, 2018 BY Valentina Kirilova

DLT can support trading volumes in the US equity markets: DTCC

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has announced the results of a benchmark study which demonstrated for the first time ever that distributed ledger technology (DLT) is capable of supporting average daily trading volumes in the US equity market of more than 100…

IBM to distribute its custodial solution for digital assets through third party

July 30, 2018 BY Valentina Kirilova

CLS and IBM partner on LedgerConnect blockchain network for financial institutions

CLS, a market infrastructure group delivering settlement, processing, and data solutions, and IBM (NYSE: IBM) have just announced a collaboration on a proof of concept (PoC) for LedgerConnect − a distributed ledger technology (DLT) platform for the financial services industry designed to enable banks, buy and sell side firms, FinTechs and software vendors to deploy,…

Volante Technologies Inc. expands executives team

January 17, 2018 BY Valentina Kirilova

Abu Dhabi Securities Exchange signs Memorandum to support adoption of DLT

Abu Dhabi Securities Exchange (ADX), the region's financial market, announced that it has signed a Memorandum of Understanding (MoU) with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and seven leading global Central Securities Depository (CSD) companies to collaborate on Distributed Ledger Technology (DLT) implementation in post trade operations, as well as capital market transactions.…

November 14, 2017 BY Valentina Kirilova

MAS and MIT Media Lab to unlock advanced technologies for financial industry

The Monetary Authority of Singapore (MAS) today announced it has joined the Massachusetts Institute of Technology (MIT) Media Lab in Cambridge, Massachusetts. This collaboration will also help to strengthen Singapore’s talent pool in the FinTech industry, by providing Singapore-based industry professionals and researchers with opportunities to work alongside MIT researchers. Financial institutions and FinTech players…

August 09, 2017 BY Valentina Kirilova

SIX Swiss Exchange and Nasdaq to develop distributed ledger technology

SIX Swiss Exchange and Nasdaq, Inc. (Nasdaq:NDAQ) today have announced that Nasdaq, in collaboration with its technology partner Chain, will provide distributed ledger technology (DLT) for a Minimum Viable Product (MVP) for SIX’s OTC structured products business. The solution will integrate with several systems currently managed by SIX and utilize the DLT capabilities at the…

April 07, 2017 BY Valentina Kirilova

TMX Group launches first blockchain-based prototype

New shareholder voting prototype serves as next step in TMX's emerging digital strategy TMX Group (TSX: X) announced a new Distributed Ledger Technology (DLT) prototype as part of its strategy to maximize efficiencies and solve day-to-day client challenges across its various business areas. The company developed the electronic shareholder voting system prototype based on DLT,…

Broadridge Financial Solutions Inc. (NYSE:BR)

February 10, 2017 BY Valentina Kirilova

80% of financial firms expect transformative impact of blockchain and adoption within 3-5 years

A new report, Blockchain in Financial Markets: Gaining an Edge, released today by Bain & Company in partnership with financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR), reveals that Distributed Ledger Technology (DLT) is gaining significant momentum in financial markets. More than 80% of financial markets executives interviewed expect the impact of blockchain to be…

ESMA ceases renewal of product intervention CFDs measures

February 07, 2017 BY Valentina Kirilova

ESMA assesses DLT’s potential and interactions with EU rules

The European Securities and Markets Authority (ESMA) has issued a report on Distributed Ledger Technology (DLT). The report sets out ESMA’s view on DLT, its possible applications, benefits, risks and how it maps to existing EU regulation. ESMA’s position is that regulatory action is premature at this stage, considering that the technology is still at…

January 09, 2017 BY Valentina Kirilova

DTCC selects IBM, Axoni and R3 to develop its distributed ledger solution for derivatives processing

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, just announced that it has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology (DLT) framework to drive further improvements in derivatives post-trade lifecycle events. The firms will work collaboratively to re-platform DTCC’s…

Tag: distributed ledger technology