Posts in category

Fund settlement


By Rick Archer (Jan.26, 2021, 6:43 p.m. EST) – A Delaware bankruptcy judge said on Tuesday he was ready to send the men’s suit retailer Brooks Brothers Chapter 11 plan for a creditors vote, including a settlement of nearly $ 70 million claim against the company for pension funding. The plan in the disclosure statement …

As part of an experimental program led by the Banque de France, more than ten fund share transactions, for a total amount of over 2 million euros, were carried out in December 2020 on a platform blockchain UCITS from IZNES using banking digital currency (CBDC). The pilot, carried out in collaboration with SETL, Citi, CACEIS, …

Zero Hash – formerly the crypto derivatives exchange known as Seed CX – announced on Wednesday that it has closed a Series C fundraiser to help it further develop its settlement-as-a-service business. Revealed exclusively at The Block, the firm hopes that this new injection of cash will help it achieve profitability by the end of …

In Japan, the rapid growth of online markets as well as the record number of tourists mean that cross-border money transfer business is more prevalent than ever. As transfers via the banking network are often too expensive for frequent money issuers, alternative solutions for money transfers have developed considerably to meet social needs. One of …

FNZ, a leading provider of transaction and custody services to the global wealth management platform industry, with £ 45 billion in assets under administration, has signed a strategic partnership agreement with the central custodian of UK securities, Euroclear UK & Ireland (EUI). Under the agreement, FNZ will integrate its fund settlement process with EUI to …