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HSBC Uses DLT to Internally Settle FX Transactions

January 16, 2019 by Eugene Grygo

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 >>

Filed Under: Securities Operations, Buy-Side, Data Management, Industry News, Ops Automation, Risk Management, Settlement, Governance, FinTech Trends, Blockchain/DLT, Standards, Industry News Tagged With: balance sheet optimization, blockchain/DLT, cross-border supply chains, foreign exchange, FX, HSBC, HSBC FX Everywhere, payments orchestration, Richard Bibbey

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