The capital markets firm is using the platform to help with both middle and back office processing and bolster its operational efficiency and regulatory compliance
The consultation aims to collect data on the effectiveness of the current penalty mechanism in discouraging settlement failures and incentivising their rapid resolution
The firm’s mission is to build modern infrastructure for capital markets, with the goal of creating one platform to serve all investor types across all asset classes globally
These initial live payments, in the first phase of its DLT-based digital financial market infrastructure and regulated payments rails, were processed via an omnibus account held by £FnPS in the Bank of England’s RTGS system
