Deutsche Bank and BNY Mellon develop API-enabled FX solution
By Edil Corneille
BNY Mellon and Deutsche Bank have jointly developed a new API-enabled foreign-exchange (FX) solution, initially being applied to custody FX transactions in the Korean Won. The digital solution can improve confirmation times for restricted emerging-market currency trades. It aims to reduce the pre-trade lifecycle to seconds from hours, thereby minimizing the operational burden and manual […]
This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in
Get access to IBSi Premium
IBSi Daily News Analysis + monthly IBSi FinTech Journal
Daily insightful Financial Technology news analysis
Weekly snapshots of industry deals, events & insights
Weekly global FinTech use cases
Chart of the Week curated by IBSi’s Research Team
Monthly issues of the iconic IBSi FinTech Journal
Exclusive invitation to a flagship IBSi on-ground event of your choice
£19.99/monthly - Subscribe Now!
Other Related News
August 03, 2023
Embedded finance providers are more likely to finance women-led SMEs, study shows
Read MoreNovember 17, 2022