More CSDs Expected to Work with SWIFT Financial messaging and systems cooperative SWIFT has just signed a memorandum of understanding (MOU) with seven central securities depositories (CSDs) that commits them to demonstrating how distributed ledger technology (DLT) could be put to work for post-trade operations, including corporate actions processing, shareholder and related voting, and proxy-voting…. Read More >>
ICBC Standard Bank to Streamline KYC Ops
London-based financial markets and commodities bank, ICBC Standard Bank, has selected Fenergo, a provider of know your customer (KYC) services, to meet global compliance requirements and to make improvements in operational efficiency, bank and officials say. In February 2015, the Industrial and Commercial Bank of China Ltd. (ICBC) acquired a controlling stake in Standard Bank’s… Read More >>
