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Finastra: Onboards Fragmos Chain’s blockchain platform for OTC derivatives market | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Finastra: Onboards Fragmos Chain’s blockchain platform for OTC derivatives market

Finastra: Onboards Fragmos Chain’s blockchain platform for OTC derivatives market

  • Finastra is a global provider of financial software applications and marketplaces and launched the leading open platform for innovation
  • Fragmos Chain develops and operates a Blockchain platform that automates interactions between financial institutions
  • The API-first integration, via FusionFabric.cloud, enables banks globally to digitalize their OTC derivatives products
  • The partnership is transforming the way banks interoperate
  • Fragmos Chain is a blockchain platform, hosted in the cloud, which provides next-generation post-trade derivatives
  • Through cloud deployment and distributed ledger technology (DLT), banks can match their trades

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