The investment management industry believes that the U.K. being out of sync with the T+1 settlement of the U.S. is a bigger problem than with the European Union, and the U.K. needs to get its “skates on” with implementation. That’s according to Andrew Douglas, chair of the U.K. Accelerated Settlement Task Force (AST), which advocates… Read More >>
Commerzbank & Deutsche Börse’s Successful DLT Experiment
It’s a challenge to predict how technologies will fare in the universe of securities operations. For instance, the hype around blockchain/distributed ledger technology (DLT) has been far outpacing the reality of DLT-based systems and applications in production at securities trading firms, causing some to wonder if there will ever be actual results. However, Commerzbank and… Read More >>
DLT Passes Canadian Tests for Ops Usage
A little over a week ago, news broke that Payments Canada, the Bank of Canada, TMX Group, Accenture and R3 have been able to show that distributed ledger technology (DLT), the ballyhooed blockchain framework at the core of Bitcoin and other crypto-currencies, has passed an initial test of its ability to facilitate equity clearing and… Read More >>