Company
Category
Market Data & ResearchSettlement & ReconciliationCrypto AssetsTrading
Released
01 September 2020
Blockchain solution for Derivatives post-trade
Contact usAbout 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