Europe doesn’t need more trading venues – instead, it needs more innovation, more fairness, more competition and better enforcement, according to panellists speaking at the Trade Tech conference in Paris.
“First they think it’s stupid, then they think it’s obvious. Blockchain has passed the first test.” These are the words of an economics professor (quoted, but not present) on revolutionary ideas, and perhaps a succinct evaluation of where blockchain is right now. In a packed conference room on the Monday afternoon (26 September), the panel discussed “Blockchain 2020 – what next for adoption by the financial industry”.
Northern Trust Corporation has signed for Scorpeo’s services to provide an “innovative” historical corporate actions reporting service. Scorpeo’s Harmonia solution enables historical analysis to generate “detailed reports to show investors exactly how much value has been missed”, the vendor explains. It will be incorporated into the Northern Trust Historical Corporate Actions Transparency report. Northern Trust’s […]
The complexity of regulatory reforms in Europe and the US are placing pressure on the industry and may catch some participants unawares.
Five international banks are to become direct participants in the UK’s CHAPS high-value payments system as part of the Bank of England’s efforts to reduce systemic risk.