BBVA and Bancomer deploy DLT-based FX matching pilot
Launch follows successful proof-of-concept in collaboration with Calypso Technology and R3
BBVA and BBVA Bancomer announced today that they are piloting a foreign exchange matching application, developed by Calypso Technology and R3, following a successful proof-of-concept earlier this year.
The application, which runs R3’s Corda platform and is based on Calypso’s Cloud Services, has already been used by the two banks to match a live FX trade, proving to be faster and cheaper than a normal trade-matching process.
BBVA and BBVA Bancomer entered into the pilot as part of their
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