Capital and Risk, Credit, Retail Banking
October 5, 2017
Via: Banking TechnologyFinastra, R3 and seven banks – including BNP Paribas, BNY Mellon, HSBC, ING and State Street – are working together to create a blockchain-fuelled online marketplace for the syndicated loan market. Underpinned by Corda, R3’s distributed ledger technology (DLT) based […]
Activity, Channels, Investment Banking
September 22, 2017
Via: Banking TechnologyState Street has launched its Quantextual Idea Lab, a hybrid of machine learning and human knowledge, for improved investment research. According to the firm, investment professionals are inundated with research reports from the sell side, the buy side and academia. […]
January 26, 2017
Via: TheStreetJPMorgan Chase (JPM) scored a landmark deal Wednesday to provide custody services for $1 trillion of BlackRock’s (BLK) assets, which were previously held by rival State Street (STT) . Despite the large transfer, State Street will continue to count BlackRock […]