The Blockchain/distributed ledger technology (DLT) phenomenon is forging ahead amid mysteries, major projects at financial services firms and new alliances among top industry providers. As for mysteries solved, major financial services players are delving into the DLT underpinnings, which stem from the Bitcoin cryptocurrency whose inventor has been shrouded in mystery. That is until Monday,… Read More >>
Goldman Sachs, IBM Give Their Blessings to Digital Assets
Startup Digital Asset Holdings has hit a milestone amid the frenzy for Blockchain funding as the pioneer of distributed ledger technology for financial services firms reports that it has the financial endorsement of IT giant IBM and Wall Street powerhouse, the Goldman Sachs Group, Inc., raising the total for its recent funding round to more… Read More >>
Wall Street Heavyweights Back Open Source Project for Blockchain
Blockchain technology, with distributed-ledger potential that has excited much of the financial services world, has gotten a big boost from the Linux Foundation, the San Francisco-based open source nonprofit founded in 2000, which reports the launch of a broadly based open source initiative. “The project will develop an enterprise grade, open source distributed ledger framework… Read More >>
SmartStream Acquires Collateral Solution from IBM
SmartStream Technologies, which characterizes itself as a financial transaction lifecycle management solutions provider, reports that it has acquired “assets related to software, sales and support of IBM’s Algorithmics collateral solution,” officials say. SmartStream officials add that its move is “a strategic deal to enhance SmartStream’s existing suite of solutions” for the end-to-end post trade lifecycle…. Read More >>
SIFMA Tech Show in Limbo?
Sometimes interesting things fall into your lap and that’s the case with a bit of news about the future of the SIFMA Tech conference. It appears the future of the venerable technology management show of the Securities Industry and Financial Markets Association is in a state of flux. I reached out to SIFMA’s public relations… Read More >>
