This Week: DTCC, SEI, AirCarbon/Eventus and more

A summary of the latest financial technology news.

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DTCC’s Project Ion platform goes live in parallel production environment

The Depository Trust & Clearing Corporation’s (DTCC) Project Ion platform has gone live in a parallel production environment while upholding the firm’s safety standards. The platform, which is being developed as an alternative settlement platform leveraging distributed ledger technology (DLT), is now parallel processing an average of over 100,000 bilateral equity transactions per day. The DTCC subsidiary, The Depository

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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