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Four major banks plus Axoni, IHS Markit, Thomson Reuters and Capco have been testing blockchain/DLT for equity swaps Ops.
Barclays, Citi, Credit Suisse and JPMorgan with the help of Axoni and other vendors have been successfully testing since June post-trade processes based on blockchain/distributed ledger technologies and smart contracts that support over-the-counter (OTC) equity swaps. “Industry collaboration is key in driving blockchain innovation and Barclays is keen to remain at the forefront of this,”...
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