Russia’s largest bank Sberbank and a private investment firm, Region Group, report that they have settled “the first Russian law-governed repo transaction” with a smart contract developed via the bank’s blockchain laboratory. Using the blockchain for repos provides market participants with “additional flexibility” because it gives end-users a transparent workflow and an “additional level of… Read More >>
Broadridge Jolts Asset Servicing via New Service
Broadridge Launches Asset Servicing Solution at SIBOS Broadridge Financial Solutions is debuting at SIBOS in Sydney Australia a cloud-based processing solution that addresses the challenges with end-to-end asset servicing, officials say. The solution targets the “industry, business and operational challenges” that are part of global asset servicing, say Broadridge officials. Global A-list banks have been… Read More >>