Hey big lender! Finastra, R3 and seven banks have blockchain plan

Published: 5/10/2017
Hey big lender! Finastra, R3 and seven banks have blockchain plan
Source: WWW.BANKINGTECH.COM

Finastra, 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 platform, Fusion LenderComm exposes real-time credit agreement, accrual balances, position information and transaction data to [̷

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