Digital Asset and Deutsche Boerse have announced a long-term strategic partnership, to build the exchange’s new fully digital post-trade platform, D7. The new cloud-backed and DLT-ready platform will be designed to cover the entire value chain of issuance, custody, settlement, and asset servicing for digital securities. In the first phase of the project roll-out, Deutsche Boerse is working with Digital Asset to build a central registry system. In subsequent rollouts, D7 will also support same-day-issuance and paperless, automated straight-through processing for certificates and warrants.
A-Team Insight Briefs
Deutsche Boerse Partners with Digital Asset for New Digital Post-trade Platform
Asset managers, hedge funds, insurance firms, and other buy-side firms globally are becoming more active in their approach to market surveillance, as regulatory pressure to up their game mounts. Buy-side firms are now building out their surveillance infrastructure as they seek to respond to the requirements posed by Dodd-Frank, MiFID II and the Market Abuse...
London-based Gresham Technologies is acquiring New York-based post-trade automation specialist Electra Information Systems, in a cash deal valued at up to $38.6 million. The acquisition, which follows Gresham’s purchase of Inforalgo Information Technology last summer, will boost Gresham’s physical presence in the US, double its customer numbers to over 270, and strengthen its cloud and...
Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.
After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...