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Row 1 - Latest/Ad/Opinon/Ad

Row 1 - Latest/Ad/Opinon/Ad

Fintech: Latest

  • Shared ledger threatens change.
  • In the second half of 2015 hype around the potential for shared ledger technology to transform banking rose to a peak. Now comes the hard work as banks and fintech companies seek to put test cases into actual use. As the first practical applications begin to emerge, Euromoney surveys the banking market to ask what’s next for the blockchain.
  • Leading P2P providers are confident their FX products can rival leading banks, but tech bulls concede the shifting FX market-structure landscape will still see the top-tier financial institutions dominate.
  • The new trading platform for emerging-market currencies is now live with the Indian rupee, Brazilian real, Chilean peso and Colombian peso.
  • Interoperability rather than exclusivity appears to be the likely path to success for corporate blockchain services.
  • One month in and it’s a case of so far so good for the China International Payment System (CIPS), even allowing for limitations in operating hours.
  • Companies are beginning to recognise that the insights garnered from big data can help them move towards the concept of real-time financial analysis, especially when combined with internal data from traditional data-management systems.
  • Europe does not have the infrastructure in place for implementing cross-border real-time payments. The ECB have called for this to happen, and EBA have recently issued an RFP to find a provider.
  • Banks have suddenly cottoned on to the power of the blockchain technology beneath Bitcoin. Inside their own treasuries and innovation labs, and increasingly in collaboration, banks are testing uses for rebranded distributed ledgers to replace their costly, proprietary systems. Enthusiasts see banks creating a new fabric for payments transfer and financial markets, an internet of money. Doubters sense it’s all hype. Big challenges remain, but markets from private equity and syndicated loans to corporate bonds and derivatives may go on private blockchains within months.
  • Payment applications developed by companies outside the traditional banking system account for a growing share of financial transactions, with the plethora of new players raising questions on processing costs, technical standards and demand in the burgeoning corporate payment market.
  • Regulators have cited portfolio compression as one way market participants can reduce risk in their trading. TriOptima has long provided the service for other asset classes, but until now it has not been available for FX swaps and futures.
  • Technology has given wealth managers the ability to collect more data than ever before. How they use that information is now critical to their future success. So why aren’t more private banks embracing the opportunity?