Distributed-ledger technology
This Week: Refinitiv/Google Cloud; DTCC; Bloomberg/ MSCI; and more
A summary of some of the past week's financial technology news.
ASX on Track for CHESS Replacement Testing
The Aussie exchange is to begin industry-wide testing of its DLT settlement program.
Barclays Finds Blockchain Nirvana
Digital token USC could transform financial markets. But first, backers must prove it is secure.
Blockchain in the Capital Markets: Slow Progress in 2019
While real blockchain rollouts are still few and far between, some firms made progress in 2019. Here are 18 projects in some stage of development.
IBM Exec: With Blockchain, It's All About Governance Interoperability
The tech company's VP of digital transformation talks blockchain and disruption caused by a highly-interconnected economy.
Barclays: The Future of Post-Trade is a Common Utility Platform
Financial firms are pushing for a distributed market infrastructure model through efforts like Isda's Common Domain Model and distributed ledger technology.
Commerzbank Pilots DLT Prototypes
The bank's R&D arm, Main Incubator, has piloted blockchain projects, including settlement of commercial paper in T+0.
MarkitSERV Delays Credit Rollout for TradeServ Platform
The vendor is live with FX NDFs on the new cloud-based platform, but credit has been pushed to 2020 earliest.
DLT-based Trading Platform Tradewind Looks to Enter the Buy Side
Tradewind is also considering covering assets other than precious metals.
Nasdaq Eyes Blockchain Project for OTC Markets
Technology provider's effort to track the lifecycle of a digital asset moves beyond the proof-of-concept phase.
The ‘Art’ of Using Token Tech
Max Bowie says that while tokenization and blockchain offer benefits for investing in esoteric and illiquid assets, it won’t make them safer or more profitable investments.
DTCC Develops Tool to Support DLT Governance
The tool has been developed as part of DTCC's work with the industry to build a DLT network and governance model.
Blockchain’s Standards Dilemma
An examination into how the industry is trying to create standards around blockchain development.
Blockchain Could Unlock Value of Real Estate as an Asset Class
In Part 2, Max looks at how new technologies could help to grow the real estate market.
World Bank: Blockchain Could Reduce Settlement Time to Seconds
A year after issuing the first blockchain-traded bond, the lender says blockchain technology could drastically cut settlement times and costs.
Crypto Futures: A Murky Tomorrow
As institutional interest in cryptocurrencies grows, new and old exchanges are now turning to futures contracts to grow institutional interest. After fits and starts, crypto futures might be nearing a tipping point.
Tug of War: ING's Legrand Digs Into the Bank's Innovation Program
With Benoît Legrand firmly in the driver’s seat, the last four years have seen ING push to transform its IT landscape and approach to innovation.
ISO Close to Releasing First Blockchain Standards
The international standards body says it is working on getting out its first standard for blockchain terminology.
On Blockchain Skepticism
Anthony Malakian has his doubts about some of true benefits of distributed ledgers.
As Blockchain Projects Sputter, Capital Markets Firms are Having Second Thoughts
WatersTechnology examines some of the disillusionment permeating the capital markets when it comes to blockchain.
Plus ça Change: Data Management is a Perennial Problem
The pace of change—in politics and in fintech—over the past few years has been breathtaking. Jo finds out at NAFIS, however, that some things never change.
Using APIs to Increase Efficiency
FpML has been a key enabler of automation in the derivatives industry, but its value could be further enhanced by providing value-added web services with open connectivity.
Microsoft Sees Trade Finance, Bond Issuance as Ripe for Blockchain Growth
Marc Mercuri of Microsoft explains where the tech giant sees room for blockchain solutions in the future.
Trade Finance as an Asset Class: Rough Seas Ahead
As global banks seek to promote trade finance as an investable asset class to the buy side, the sector’s lack of technology and data infrastructure have come to light.