Steve Toland commented: We have different workflows coming through from venues like Bloomberg and Tradeweb, whether that’s list trading or portfolio trading, but that buy-side flow is now being automated so the sell-side needs to adapt. Banks need to connect to different venues to support new trading types, and they also need to ensure their…
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Bangkok Bank, BNP Paribas, CTBC Holding, HSBC, ING, NatWest, SEB and Standard Chartered in partnership with Bain, CryptoBLK and R3 launch open industry platform, corporate customer pilot programme and technology partner programme on the Corda Network The Voltron initiative has launched the open platform for documentary trade, targeting production on R3’s Corda Enterprise blockchain platform…
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Financial innovation firm R3, five of its members and financial resource management specialist HQLAᵡ have built a collateral lending solution for liquidity transfers on R3’s Corda distributed ledger platform. Project participants CIBC, Commerzbank, Credit Suisse, ING, UBS and HQLAᵡ collaborated with R3 to develop an operating model for a digital collateral receipt (DCR) lending marketplace.…
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Financial innovation company R3 and ten of its consortium member banks have successfully developed a proof-of-concept for a Know Your Customer (KYC) registry that addresses the challenges associated with satisfying regulatory requirements and allows identities to be managed by their owners. BBVA, CIBC, ING, Intesa Sanpaolo, Natixis, Nordea, Northern Trust, Société Générale, UBS and US…
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