Baton will provide its distributed ledger technology to deliver the service which has been designed to limit FX settlement risk, or Herstatt Risk
The firms have partnered to enable tri-party clients to automate the optimisation of collateral to meet margin calls at a range of CCPs globally
Using distributed ledger technology, the platform reduces manual intervention across reconciliation and control processes, accelerates key function completion and reduces operational costs, Baton Systems says
Published in partnership with ION, the research report, entitled ‘The Growing Opportunity in Derivatives Clearing’, explores the impact that rising rates will have on competition for FCMs
The Commission has proposed a requirement for firms clearing certain Euro-denominated products to clear a portion in the EU and maintain an ‘active account’ at an EU-based clearing house
The offshore Yuan is the fifth currency to be settled between the two banks using a shared settlement ledger that currently encompasses the US dollar, Canadian dollar, British pound and the Euro
The Global Financial Markets Association have announced leadership changes with the additions of Adam Farkas and Leonardo Arduini
The world’s first interbank PvP settlement outside of CLS has been completed by HSBC and Wells Fargo using Baton Systems’ Core-FX solution, built on Baton’s distributed ledger technology
The pandemic has shone a light on the need for accelerated adoption of new tools that will drive inorganic innovation and growth in the asset servicing space. Panellists discuss how technology will help asset managers find a competitive edge and innovate their solutions
