Distributed ledger technology (DLT)
CFETS joins R3-led project
The number of participants has risen to more than 60 since its September 2015 launch
CLS to launch payments netting service
CLS Netting, expected to go live in late 2017, will allow institutions to net trades currently not included in the CLS settlement service
R3 and Axoni conclude DLT trial for bonds
Proof-of-concept project explores uses for distributed ledger technology for bond issuance processes
Banks trial distributed ledger for trade financing with R3
Firms are keen to move from paper-based to digital contracts