The Bloomberg Terminal for news, data, insights, and trading systems will now provide International Securities Identification Numbers (ISINs) for Negotiable European Commercial Paper (NEUCP), according to Bloomberg, which has been collaborating with Euroclear to offer this same-day issuance framework. The new framework is based on the integration of Bloomberg’s security reference data with Euroclear’s metadata… Read More >>
Four Banks Test DLT-Based ECP Platform
Enterprise software vendor R3 (formerly known as “blockchain consortium”) and four of its member banks — ABN Amro, Commerzbank, ING, and KBC — have developed a prototype solution for the issuance of euro commercial paper (ECP) on the group’s Corda distributed ledger technology (DLT) platform. Participants in the project say that it will prove to… Read More >>
