This Week: Digital Asset, BNY Mellon-SimCorp, AccessFintech & More

A summary of some of the past week’s financial technology news

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Digital Asset Raises $35M+ to Push DAML Adoption

Distributed ledger technology provider Digital Asset has raised more than $35 million in Series C funding from new and existing investors to accelerate the adoption of its open-source DAML smart contract language across industries, and expand the range of DAML-enabled products form partner vendors.  Digital Asset will also use the new funding to support the development of new products aimed at developers, such as Project:DABL, a cloud-based

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How GenAI could improve T+1 settlement

As well as reducing settlement failures, researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.

Interoperability is not AI

Dan Schleifer, co-founder of, explains how desktop interoperability underpins new AI developments.

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