Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, Fintech, DeFi, Blockchain, Web 3 News

FY360° | Banks and the use of Blockchain Technology...

Standardisation of messages across entities and platforms is extremely powerful.


Standardisation opens the door to solve optimisation and cost challenges that many financial institutions face. An example of this is what the FIX protocol has done for the electronic trading market.

Without FIX there would be no basis for High Frequency trading or other strategies where speed and efficiency matter. Another example of where standardization has improved efficiency and cost is SWIFT. Before the consortium was formed, fragmentation within the global payment network made payments a lot more expensive than they are today for cross border payments.

In the digital currency space, we are far from a standardised solution. There are many innovative ideas and technologies all trying to solve various issues, but no road leads to a solution that solves all the challenges that financial institutions face which is reducing cost and increasing profit. Due to regulation, particularly BASEL III, banks are required to manage their capital levels more stringently meaning that businesses within banks that depended on...

More:

FY360° by Finyear, la revue de presse à 360° en finance-gestion d'entreprise & finance d'affaires.

FY360° by Finyear a pour mission de vous faire gagner du temps et de vous tenir informés. Notre équipe suit les actus pertinentes, les organise, créé un lien vers les sources originales et vous les communique sur le site Finyear et dans la newsletter quotidienne.
FY360° by Finyear n'est pas un produit fini : faites-nous savoir ce que vous en pensez et si vous avez une suggestion, une remarque, ou une source que nous devrions suivre, écrivez-nous.

FY360° by Finyear (ex Financial Year Links) is a Finyear service on a mission to save you time and keep you smart. Our team follows the relevant news, summarize it, link to the original sources and deliver it on the Finyear website and in the daily newsletter.
FY360° by Finyear is not a finished product: please let us know what you think and if you have a suggestion, a complaint, or something we should link to, email us.

Vous souhaitez vous joindre à la “Blockchain Revolution” ?
Explorez le futur de la finance, des transactions, de la réputation et de la confiance.
Participez à notre forum dédié BLOCKCHAIN

Les médias du groupe Finyear


Jeudi 3 Septembre 2015




Nouveau commentaire :
Twitter

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *

OFFRES D'EMPLOI


OFFRES DE STAGES


NOMINATIONS


DERNIERES ACTUALITES


POPULAIRES