Digital asset custody will be revenue driver for incumbents but upgrades are required, says Oracle
Custodians must invest appropriate sums into their digital asset custody offerings to keep up with the fast-moving sector, says expert.
Custodians must invest appropriate sums into their digital asset custody offerings to keep up with the fast-moving sector, says expert.
New report highlights major growth opportunities for brokers and banks with over 25% of back- office systems more than 20 years old.
Service developed to meet the growing demand of clients, including regulated infrastructure organisations and banks exploring digital asset capabilities.
A new collateral mobility network will enable market participants to transfer the ownership of the collateral without moving the underlying asset as the first transaction takes place through money market fund units being tokenised.
The bank traded its first intraday repo on the platform last week, becoming the first European bank to join the network.
Clients of Zodia will gain direct access to the Fireblocks network of liquidity partners, trading venues, lending desks and counterparties.
Initiative marks the custodian’s first ETF product in the region, with an Australian launch also expected in the coming months.
Digital asset talk added a spark to the tiresome data discussions, lamenting of talent shortages and frustrating ESG commentary at Fund Forum in Monaco.
Service aims to simplify and streamline access to SWIFT messaging for securities lending and capital markets clients.
Tie-up with Fenergo will digitise the bank’s onboarding and compliance processes in the private capital funds space.