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Hey big lender! Finastra, R3 and seven banks have blockchain plan


Finastra, R3 and seven banks – including BNP Paribas, BNY Mellon, HSBC, ING and State Street – are working together to create a blockchain-fuelled online marketplace for the syndicated loan market. Underpinned by Corda, R3’s distributed ledger technology (DLT) based platform, Fusion LenderComm exposes real-time credit agreement, accrual balances, position information and transaction data to […]

State Street unveils Quantextual Idea Lab for investment research

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State Street has launched its Quantextual Idea Lab, a hybrid of machine learning and human knowledge, for improved investment research. According to the firm, investment professionals are inundated with research reports from the sell side, the buy side and academia. It reckons financial research teams can produce enough content to consume 24 reams or 12,000 […]

State Street tests blockchain for securities lending

IBM unveils blockchain ecosystem

State Street is concluding its testing of a blockchain system from securities lending and is pondering its roll-out in 2017.

Top-tier banks rally round R3 distributed ledger project

Rutter: the potential

Nine major global investment banks have formed a partnership to explore the potential of distributed ledger technology in financial markets. The project, led by financial technology company R3, aims to create early standards for the emerging technology that will make it easier and more efficient as it grows.

BNY Mellon and State Street in securities lending collaboration with Eurex Clearing

The Cube Foyer03

BNY Mellon and State Street have announced a collaboration with Eurex Clearing, the subsidiary of Deutsche Börse Group, to enhance the Eurex service to meet the needs of beneficial owners, and explore expanding its geographic reach into the US.

Scaling up in Asia

Paul Khoury is head of asset manager sector solutions, Asia Pacific, at State Street

The burgeoning wealth of Asia represents a huge opportunity for asset managers that can scale their businesses across the region, but it will place huge strains on firms’ operations, driving them to explore a new approach to outsourcing.

Interview: State Street CIO Chris Perretta

Since the financial crisis, there has been a discernible recovery of control over systems spending and development by the business side from the IT organisation, which has often had things too much its own way. But when an organisation embarks on a large-scale migration to a totally new architecture, it is crucial to strike a […]