With settlement risk very much on authorities’ agenda, Colin Lambert talks to Alex Knight, head of global sales and EMEA at Baton Systems, about the challenges facing the industry…and the solutions. Colin Lambert: Last year the BIS surprised quite a few people by highlighting the scale of settlement risk in FX markets in its Triennial […]
Tag: Baton Systems
Singapore Exchange (SGX) has integrated with Baton Systems, a provider of post-trade solutions for capital markets, to automate and standardise the end-to-end collateral workflow for its clients. Baton’s platform normalises and harmonises data and collateral workflows for integrated central clearing counterparties (CCPs). As a result, SGX’s clients will have access to consolidated intra-day information in […]
Baton Systems, which provides post-trade solutions for capital markets, has teamed-up with Citi to help build its treasury function for cleared derivatives. Baton’s platform will aggregate data from Citi’s banks and custodians and track collateral collected from its clients all the way through to CCPs. In addition, Baton will enable real-time visibility of excess/deficit calculations, […]
Baton Systems, a provider of post-trade solutions for capital markets, says it has extended its FX functionality to address an increasing demand for a faster and more efficient FX settlement system. By deploying Baton’s core components, already in use across a number of global banks, Baton is delivering a fully end-to-end FX settlement ecosystem. Baton […]
FIA Tech, which provides fintech solutions for the futures industry, has selected post-trade service provider Baton Systems, to accelerate brokerage payments and shorten the settlement cycle for its customers. Historically, futures brokers have been burdened by long collection periods, increased costs and write-offs with disparate and error-prone processes across the global network of futures exchanges, […]
Baton Systems, a provider of distributed ledger technology (DLT)–based post-trade solutions for capital markets, and JP Morgan have developed a solution that enables near real-time cash and collateral transfers to multiple clearing houses. The new service addresses the challenge of having to tie-up excess funds across the clearing workflow by integrating settlement instructions for custodians […]
Baton Systems, a provider of distributed ledger-based post-trade solutions for capital markets, has appointed Alex Knight as head of EMEA, based in London. Knight spent the last 18 years at Citi, where he held various senior positions in the UK, Asia and Australia, and worked in the bank’s FX prime brokerage business, where he held […]
Baton Systems, a provider of blockchain-inspired, bank-to-bank payments infrastructure, has appointed Andrés Choussy as president and chief operating officer. Choussy was most recently president and CEO of Traiana, which became part of CME Group through the acquisition of NEX Group. Choussy, who will be based in New York, joins to scale Baton’s payments and settlements […]
Arjun Jayaram, CEO of Baton Systems, talks to Profit & Loss about how distributed ledger technology (DLT) is already helping the FX market, why the hype cycle around this technology is coming to an end and who he expects to win the “blockchain wars”. Profit & Loss: What is the problem in the FX market […]
NEX Optimisation, NEX Group’s post-trade services unit, has announced that Baton Systems, a high-speed payments infrastructure provider, has joined NEX Infinity as the first third party to provide its services through the platform.
The two businesses say they have been working in partnership alongside an existing but un-named large, multinational bank client of Nex to deliver a new post-trade solution for FX spot transactions delivered through the Infinity platform. The solution combines Nex Optimisation’s existing matching and confirmation services with Baton’s settlement and payments services.