Urs Sauer – chair of the working group on digital ledger technology (DLT) with the International Securities Services Association (ISSA) – summed up the industry’s current view on crypto assets in a session at PostTrade 360 Helsinki.
Commerzbank, Deutsche Börse and asset manager MEAG will proceed together in their quest for blockchain-enabled post-trade models. A prototype involving delivery-vs-payment, as well as collateralisation with Eurex Clearing, already succeded.
A full-scale test of interbank reconciliation, with one year’s full data, has proven successful for the Italian Banking Association (ABI). This will allow the adoption of the new method for the whole sector starting 1 March.
In a podcast with The Block, Marty Chavez – co-head of the securities division at Goldman Sachs and formerly a data scientist on the oil desk – takes us through a history of major strategic and technological developments at his firm. Read on to see...