SWIFT
Ace high or busted flush? Digital Asset’s mixed fortunes mirror DLT adversity
The vendor hoped to remodel post-trade using blockchain technology—and it still might—but its bumpy progress raises questions over the future of DLT in finance.
Blockchain startup Symbiont files for bankruptcy
Clients included American Century, Citi, State Street and Vanguard
Finos will host common domain model for Isda, Isla and Icma
The non-profit will provide a neutral, open-source repository to help the trade associations govern and maintain the CDM.
People Moves: ASX, Northern Trust, MSCI, Asifma, and more
A look at some of the key people moves from this week, including Jonathan Cross (pictured), who joins LiquidityBook as general manager for EMEA.
Where have all the blockchain startups gone?
Building a startup is hard. Building a blockchain startup is harder. More than 10 current and former financial blockchain builders and users detail their experiences of trying to cut their teeth on a once-darling tech, and the lessons they’re still…
Realizing data opportunities in the securities industry
Digitized securities markets depend on efficient flows of structured data, but the lack of standardized data models could soon start to impede their growth.
People Moves: SunTec, Broadridge, HKEX, Northern Trust, and more
A look at some of the key "people moves" from the past week, including Leon Stavrou (pictured), who's been promoted to head of business in Australia and New Zealand at Northern Trust.
This Week: Azentio, TriOptima, Equinix, TNS, and more
A summary of some of the past week’s financial technology news.
UBS Taps Machine Learning for KYC
The bank is rolling out a project using machine learning and natural-language processing for KYC and AML activities.
Sibos Gets a Social Conscience
Climate, Brexit and ethical AI were all on the agenda at the massive conference this year, as cloud, cybersecurity and APIs remained major topics of discussion.
APIs Move Beyond Payments to the Securities Servicing Industry
Swift’s Juliette Kennel talks about how APIs are evolving and expanding into the securities sector.
Swift Develops API to Automate KYC Registry Data Consumption
The API was recently made available to all registry customers, with plans to offer a 'proactive API' next year to push new and updated data.
Swift Names Pérez-Tasso CEO
Pérez-Tasso will take over from current CEO Gottfried Leibbrandt, who will step down in June.
Southeast Asian Firms Look to Automate Post-Trade Processes
Using the DTCC’s central trade manager platform, Bangkok Capital Asset Management can automate its post-trade process with almost 2,000 counterparties in 52 countries.
ASX Offers Free Blockchain Settlement to Lure Early Adopters
ASX plans to release the CHESS replacement in 2021 and the hope is to cut into Swift settlements.
Follow our Coverage of Sibos 2018
WatersTechnology is reporting live from Sydney at the annual Swift conference.
Ripple Targets Correspondent Banks in Southeast Asia
The firm recently added Siam Commercial Bank to the network, allowing the bank to act as a clearing provider, and receive and forward on payments.
Identitii Preps APAC Expansion to Grow Payments Data Blockchain
The vendor will use the A$11 million raised from its recent IPO to further develop its platform and experiment with additional use cases for its technology.
CBA to Issue First Blockchain Bond for World Bank
Investors can participate in the Kangaroo bond, dubbed ‘bond-i’ via the World Bank’s and CBA’s respective nodes.
Utility Belt: How Utilities are Stepping Up
Banks, looking for ways to cut costs and meet regulatory pressures, are increasingly turning to collaborative projects like utilities.