Blockchain solution for Derivatives post-trade

About the partnership

Fragmos Chain solves post-trade inefficiencies for Derivatives. It drives 50%+ post-trade cost reductions through the elimination of inconsistencies, redundancies and manual tasks such as reconciliations, confirmations or disputes.

Key features

Reliance on R3’s Corda Distributed Ledger Technology for its trust, privacy, modelling of finance workflows capabilities
Use of the new data model standard for Derivatives, ISDA CDM, for full convergence between parties’ data and processes
Upload of parties’ trade data and automatic translation into CDM