Citi and CACEIS acted as the participating commercial banks to purchase CDBC tokens from Banque de France. CACEIS also acted as the custodian of the Groupama funds
Zürcher Kantonalbank was the first to leverage the joint FundsDLT-Clearstream solution, with an end investor placing a fund transaction request via a mobile app directly on the private blockchain
Implementing Fusion Invest will provide asset managers with tools to support their investment management requirements, without deploying hardware on-premise, says Finastra
“We’ve helped many companies on the road to IPO and we’re glad Snowflake chose the right time to bring us on board," says Scott Erickson, chief operating officer at Clearwater
Fenergo will be working with PIMCO to improve the customer onboarding experience by making it easier to identify and trace ultimate beneficial owners and visualise links to multiple relationships
Mizuho America has deployed Fenergo’s software to automate KYC and AML regulatory processes, digitalise workflows and accelerate client onboarding onto a single platform
Just over one third of global asset managers have completed digital transformation projects, according to Fenergo’s findings from its global asset management research
The cloud-based system is set to further automate back-office processes, with technology allowing for scalability and flexibility in post trade businesses