The former CFTC chair says managing collateral by using distributed ledger technology would enable the better oversight of risks.
Industry groups and tech experts are worried that proposed last-minute changes will introduce new risks.
Futures market participants say standardizing trade allocations through a post-trade utility could prevent a repeat of the chaos seen in March 2020, when back-office systems fails resulted in thousands of trade breaks.
While market data departments are rarely highlighted when it comes to innovation, Max says that doesn’t mean there aren’t disruptive tech projects underway.
Perhaps smarter than blockchain and certainly closer than quantum computing, this type of complex computing could accelerate banks' move to the cloud—if the industry gets it right.
Testing on the new DLT-based platform will begin in July. The Aussie exchange is also making progress on its DataSphere project and has addressed ASX Trade after an outage last year, according to the company’s CEO.
Lisa Iagatta, Isitc chair, says financial institutions have an opportunity to create more efficient processes in areas such as trade settlements through the use of digital assets.
Anthony wonders if AML platforms are being scrutinized enough by banks and regulators, then looks at Wells Fargo's tapping of HPR for its quant division and Northern Trust’s blockchain plans.
Distributed-ledger technology will help ensure asset safety and allow custodians to provide more value to clients using AI and analytics.
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
Distributed ledger technology won’t replace existing exchange infrastructure despite potential for smaller use cases, say CEOs.
R3's Ivar Wiersma explains how the banking industry is moving toward a self-sovereign identity model.
A look at some of the past week’s financial technology news.
Waters Wrap: How Cloud, APIs, and Open Source Are Changing the World of Fintech (And Blockchain's ZTA Play)
Anthony looks at how the lines that have traditionally defined the world of "fintech" are blurring. Also, can blockchain help with ZTA's advancement?
Coronavirus has heightened the need for IT and data security, exposing areas for potential improvement. One option is to lock down sensitive areas using a practice called Zero-Trust Architecture, which offers a host of benefits, but brings with it some…
Waters Wrap: The Problem with Big Ideas (and Some Ramblings on Virtual Desktops & Tech's Blurred Lines)
Isda's CDM leaves banks questioning the way forward; the rise of virtual-desktop infrastructures; generic business intelligence tools become more popular.
Senior academic says a new taxonomy—and a new regulator—is needed to determine whether crypto assets should fall under existing financial frameworks.
Banque de France-backed deal pips private consortiums in dummy run for digital currency trades.
A summary of some of the past week’s financial technology news.
Client feedback and priorities will drive the next phase of the market structure firm's project to modernize settlement.
A summary of the past week's financial technology news.
The Swiss Exchange is future-proofing SDX with post-quantum encryption, ahead of its full-service launch.
The Aussie exchange is to begin industry-wide testing of its DLT settlement program.
This is the first investment Illuminate has made in a company offering DLT-based tech.