CLS’ Blockchain-Based FX Post-Trade Solution Now Adopted by Asset Managers

[kreslik.news]

CLS Group today unveiled that its new post-trade monitoring and reporting tool, CLSTradeMonitor, which leverages its extensive experience of risk mitigation and operational services provided for FX dealers and institutions, has gone live.

The first adopters for the product built on the distributed ledger technology (DLT), aka blockchain, are the asset managers Mesirow Financial and Mountain Pacific Advisors, LLC.

[url=https://simplefx.com/dashboard/?utm_source=financemagnates.com&utm_medium=pr26062018&utm_content=SFX&utm_campaign=FXmedia]Time to buy the dip?[/url]

The milestone comes as part of a broader strategy that aims to shake off CLS’ image as a traditional settlement services provider. To date, most of the updated to CLS products were enhancements of ... (read more)