FIS’ solution will provide the bank with advanced tools for assessing the market risk of its financial instruments and enhance stress testing capabilities
“As one of the global leaders in the custody of digital assets, we feel this is a relationship of equals and we’re happy to help Silvergate work toward their goal of maximising capital efficiency for this rapidly growing industry,” says Sam McIngvale
The new solution with Citi is designed to integrate with wealth managers’ existing IT infrastructure and provide a fully-digital user experience for underlying customers, from opting into the programme through to managing their lending
Securities settlement using DLT is performed with the aid of a “trigger solution” and a transaction coordinator in TARGET2, the Eurosystem’s large-value payment
The partnership will provide trusted data services via AcadiaSoft’s Agreement Manager and integrate with LIKEZERO to offer a holistic set of solutions to clients to enable smart management of agreement data
“Our partnership with FinSwitch is a key part of our strategy in South Africa and we’re delighted to have reached this key milestone in just 10 months," says FNZ's Hugh Evans
Alongside a range of operational initiatives, the transition of the business to a cloud model combined with best-in-class client service was "undoubtedly key in accelerating growth" says Bridgepoint's David Nicault
