Technology news

BIS Innovation Hub outlines 2022 agenda

25 January 2022 Switzerland
Reporter: Bob Currie

Central bank digital currencies, decentralised finance and green finance are central to the Bank of International Settlements’ innovation programme, with London and Nordic hubs launching their first projects

Clearstream processes first demat securities issued on D7 platform

15 December 2021 Germany
Reporter: Bob Currie

Marking the first live element in Deutsche Börse’s D7 platform for electronic securities issuance and processing, market participants have commenced testing for the next phases of the digital platform roll-out

State Street, Vanguard and Symbiont complete first live trade for FX forward contracts through blockchain

07 December 2021 United Kingdom
Reporter: Jenna Lomax

State Street has completed the margin calculation process for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology

Davies acquires Sionic

07 December 2021 United Kingdom
Reporter: Jenna Lomax

Headquartered in London, Sionic specialises in technology transformation and digitalisation, international regulatory compliance, and risk management

German banks execute real-time securities lending trade on blockchain

17 November 2021 Germany
Reporter: Bob Currie

DekaBank and Metzler Bank finalise DvD securities lending transaction on DekaBank’s blockchain-based digital securities platform, reducing previous collateralisation and custody overheads according to trade participants