As more securities operations use distributed ledger technology (DLT), policymakers, regulators, and market participants need to identify regulation, supervision, and risk management practices that “support appropriate stability and protections for all industry stakeholders,” according to a new report, “The Impact of Distributed Ledger Technology in Global Capital Markets.” The report is the result of a… Read More >>
DLT Meets Collateral Management via Partnership
CloudMargin & Ivno Bring DLT to Collateral & Margining CloudMargin, maker of a cloud-native collateral and margining solution, is working with Ivno, a financial markets tokenization vendor, to develop a collateral management solution that uses distributed ledger technology (DLT) and cloud computing, officials say. Their new strategic partnership will leverage Ivno’s DLT strengths and CloudMargin’s… Read More >>
Cyber Startup Spared Penalty in Unregistered ICO Case
Gladius Network, a cybersecurity vendor whose services are based on blockchain technology, conducted an unregistered initial coin offering (ICO) but later reported its actions to the SEC, agreed to compensate ICO investors, and is registering the ICO tokens as a class of securities — underscoring the SEC’s assertion that digital tokens must conform to securities… Read More >>
FTF News & ISITC Extend Alliance
FTF News is happy to announce a big step for us and we hope a major boost to what we are providing to you — we will be the exclusive media partner for ISITC throughout 2019. As you know, the ISITC industry trade group has made a major commitment to foster standards and best practices… Read More >>
Could We Please Avoid the ‘The Blockchain Wars?’
Many industry observers are expecting the blockchain/distributed ledger technology (DLT) movement to yield real-world results (and tests) this year, which is making some entrenched concerns nervous and some rebels very happy. In fact, we reported on how HSBC has been using a DLT implementation internally to settle more than three million foreign exchange (FX) transactions… Read More >>
HSBC Uses DLT to Internally Settle FX Transactions
HSBC has been using distributed ledger technology (DLT) internally to settle more than three million foreign exchange (FX) transactions and to make more than 150,000 payments worth $250 billion, signaling that many of the industry’s DLT explorations will start to show results in 2019 especially for operations where the technology is a good fit. “This… Read More >>
Volatility to Rock Timid Markets in 2019: Report
Global financial services markets are entering a “post-credit crisis” era marked by the fact that easy-money policies are ending, interest rates are heading up while markets are swinging down and a new volatility will rock this timid new world in 2019, according to predictions from Greenwich Associates. In its new report, the market research firm… Read More >>
Brevan Howard Uses AcadiaSoft for IM Management
A Major Buy-Side Firm Embraces AcadiaSoft’s IMEM AcadiaSoft, a provider of risk and collateral management services for the non-cleared derivatives market, reports that Brevan Howard has been added to the users of AcadiaSoft Hub’s Initial Margin Exposure Manager (IMEM). As one of the first buy-side firms that falls within the scope of Phase Three of… Read More >>
DLT Passes Canadian Tests for Ops Usage
A little over a week ago, news broke that Payments Canada, the Bank of Canada, TMX Group, Accenture and R3 have been able to show that distributed ledger technology (DLT), the ballyhooed blockchain framework at the core of Bitcoin and other crypto-currencies, has passed an initial test of its ability to facilitate equity clearing and… Read More >>
‘Fidelity Digital Assets’ Launches to Service Crypto-Assets
Asset management giant Fidelity Investment is jumping into the crypto-asset fray with the launch of Fidelity Digital Asset Services, which will offer custody and trade execution services for crypto-currency-based instruments managed by institutional investors such as hedge funds, family offices and market intermediaries. “Fidelity believes that distributed ledger technologies [DLTs] can enable entirely new business… Read More >>
