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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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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