ON THE MOVE: Tom Griffiths Joins Backstop Solutions; Paul Higdon to Hazeltree
The weekly recap of new hires, promotions and job changes in capital markets trading and technology.
Source: tradersmagazine.com
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18/11 – Weekly Fintech Recap
Partnerships HSBC and Wells Fargo Expand DLT Solution to Include Offshore Yuan HSBC Bank and Wells Fargo & Company announced that the blockchain-based solution they are using for bilateral FX settlements is expanding to include the offshore Yuan (CNH). The offshore Yuan is the fifth currency resolved between the two banks utilising a shared settlement ledger. Since the shared
Source: financialit.net
Bank Of England: Transforming Data Collection - Reporting Transformation Committee Meeting
<p><span>The Reporting Transformation Committee will focus on overseeing the design of solutions for parts of the reporting process where the Bank, FCA and reporting firms interact directly. This will cover aspects of modernising reporting instructions and creating a better integrated end-to-end reporting process.</span></p>
Source: mondovisione.com