The specification is intended to help buy side firms request and receive margin information from the sell side in a consistent, scalable, and machine-readable way
Alongside its custody support for Ripple USD on the XRP Ledger now live, the firm enters its next step of collateral integration with Ripple and LMAX Group
The partnership is structured to assist financial institutions with target operating model design, technology delivery, systems integration, and large-scale migration programmes
To expand access to tokenised investing, the collaboration launches with a new off-exchange collateral programme that unlocks trading liquidity for institutional clients, says the firms
The expansion is the latest milestone in Citi Services’ broader digital assets strategy, which is focused on building bank-grade capabilities that connect traditional financial infrastructure with emerging digital networks
The milestone represents the latest proof-point that bank-operated, off-exchange custody has transitioned from a specialist safeguard to default market infrastructure, the firms say
Industry
Industry
Industry
