Tag: DLT

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.…

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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…

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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…

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FINRA's 2018 volume tops 2017 activity by 87%
June 14, 2017 BY Valentina Kirilova

FINRA launches Innovation Outreach Initiative

The Financial Industry Regulatory Authority (FINRA) announced that it has established an Innovation Outreach Initiative to foster an ongoing dialogue with the securities industry that will help FINRA better understand financial technology (fintech) innovations and their impact on the industry. FINRA has long been engaged in discussions about fintech issues with member firms and other…

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Can distributed ledger technology enable equity settlement?
June 12, 2017 BY Valentina Kirilova

R3 and ACORD launch insurance industry Centre of Excellence for distributed ledger technology

Financial innovation firm R3 announced that has partnered with ACORD (Association for Cooperative Operations Research and Development) to launch a Centre of Excellence for distributed ledger technology (DLT) in the global insurance industry. R3 counts a number of major insurance companies amongst its member base, including MetLife, AIA and Suncorp Group, as well as other…

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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,…

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CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first
April 06, 2017 BY Valentina Kirilova

CLS to extend payment netting service to all global currencies

In response to market demand, CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, just announced that will expand its proposed bilateral payment netting service – CLSNet – to support more than 140 currencies (coverage will include all currencies associated with jurisdictions not on an official black/grey or sanctions…

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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…

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