The round includes contributions from existing shareholders such as BNP Paribas, BNY Mellon, Citigroup, Deutsche Börse Group, Goldman Sachs and J.P. Morgan
This second testing phase has extended the project coverage to include a more complex set of use cases, employing Swift’s solution to support transactions across simulated digital transactions, tokenised assets and foreign exchange networks
The upgrade will provide hedge fund and private markets clients with enhanced user experience, increased ease of remote access and more robust security, says the firm
The Pan Asia Securities Lending Association conference was held in Singapore where market participants discussed real world use cases of emerging technologies in the securities finance ecosystem
Through this solution, CGS International aims to extend automation and to minimise costs, as well as to simplify workflows and exception-based processes