Blockchain
Larry Fink: ‘We need to be tokenizing all assets’
The asset manager is currently exploring tokenizing long-term investment products like iShares, with an eye on non-financial assets down the road.
Examining how adaptive intelligence can create resilient trading ecosystems
Researchers from IBM and Wipro explore how multi-agent LLMs and multi-modal trading agents can be used to build trading ecosystems that perform better under stress.
Moody’s exploring blockchain’s impact on digital bond ratings
Blockchain and crypto were meant to eliminate conventional finance’s risks, but Risk Live North America panelists said such risks have not been reduced, and new ones have been introduced.
Halftime review: How top banks and asset managers are tackling projects beyond AI
Waters Wrap: Anthony highlights eight projects that aren’t centered around AI at some of the largest banks and asset managers.
Paxos files to become SEC-registered clearing agency
The application comes after the blockchain infrastructure company completed a pilot in 2021 to test its settlement service.
Messaging’s chameleon: The changing faces and use cases of ISO 20022
The standard is being enhanced beyond its core payments messaging function to be adopted for new business needs.
SS&C sets early roadmap after Calastone buy
CEO Bill Stone also said on SS&C’s earnings call that Blue Prism, AI are helping to push growth.
Asic probe piles pressure on ASX to deliver Chess replacement
But market insiders think late intervention by regulators could even slow down implementation.
Deutsche Bank to debut tokenization platform in November
Dama 2 minimizes up-front hardware and infrastructure costs for firms exploring tokenization.
Waters Wavelength Ep. 320: Tradeweb’s Chris Bruner
This week, Tradeweb’s Chris Bruner joins the podcast to discuss digital assets and fixed income.
Fnality joins DLT-based PvP FX settlement service
Baton Systems and Osttra’s joint payment-versus-payment FX network adds central bank-backed settlement option
Standard Chartered goes from spectator to player in digital asset game
The bank’s digital assets custody offering is underpinned by an open API and modular infrastructure, allowing it to potentially add a secondary back-end system provider.
‘Barcodes’ for market data and how they’ll revolutionize contract compliance
The IMD Wrap: Several recent initiatives could ease arduous data audit and reporting processes. But they need buy-in from all parties if all parties are to benefit.
The murky future of buying or building trading technology
Waters Wrap: It’s obvious the buy-v-build debate is changing as AI gets more complex, but Anthony wonders how trading firms will keep up.
JP Morgan, Eurex push for DLT-driven collateral management
The high-stakes project could be a litmus test for the use of blockchain technology in the capital markets.
Observations and lessons to learn from the move to T+1
The next few years will see other jurisdictions around the world look to North America for guidance on transitioning to shorter settlement cycles.
Reading the bones: Citi, BNY, Morgan Stanley invest in AI, alt data, & private markets
Investment arms at large US banks are taken with emerging technologies such as generative AI, alternative and unstructured data, and private markets as they look to partner with, acquire, and invest in leading startups.
Déjà vu for common domain model
Piecemeal progress on ambitious derivatives data standard raises questions over business case
Once a blockchain cheerleader, Axoni changes its playbook
The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.
JP Morgan touts DLT, tokens for collateral management
Distributed-ledger technology could make moving non-cash collateral more efficient, said managing director Toks Oyebode during an Isda conference on Thursday.
Waters Wrap: The changing definition and perception of blockchain
Anthony says that questions of definition and perception are killing DLT projects in the capital markets—oh, and a lack of proven implementations.
Waters Wavelength Podcast: Deutsche Bank’s Boon-Hiong Chan
Boon-Hiong Chan from Deutsche Bank joins the podcast to talk about blockchain interoperability.
Ace high or busted flush? Digital Asset’s mixed fortunes mirror DLT adversity
The vendor hoped to remodel post-trade using blockchain technology—and it still might—but its bumpy progress raises questions over the future of DLT in finance.
Zeros and ones: Industry contemplates T+0 as the next step
With the North American transition to T+1 settlement complete, same-day settlement could be the next goalpost set, though skeptics are many.