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ING & Credit Suisse Test Blockchain for Securities Lending

March 7, 2018 by Eugene Grygo

ING & Credit Suisse Test Blockchain for Securities Lending

ING, Credit Suisse Securities (Europe) Ltd., and lending solutions provider HQLAX report that they have recently executed a live securities lending transaction valued at €25 million ($31 million) that was settled using a blockchain platform, Corda, developed by vendor R3. Called “a groundbreaking transaction,” Credit Suisse and ING officials swapped baskets of securities via the… Read More >>

Filed Under: Collateral & Margin Management, Securities Operations, Clearing, Middle-Office, Operational Risk, Ops Automation, Settlement, Governance, FinTech Trends, Back-Office, Blockchain/DLT, Integration, Standards Tagged With: blockchain/DLT, Clifford Chance, Credit Suisse Securities, David E. Rutter, HQLAX, ING, Paolo Muzzarelli, Romain Dumas, securities lending transaction

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