In the news

Rebecca Qian Gong, former vice president at DB1 Ventures, joins HQLA^X to lead corporate development and regulatory affairs

Erica De Rosa, former executive director at Morgan Stanley, has joined HQLA^x as a solutions architect

Anand Paul, former programme manager at Credit Suisse, has joined HQLA^x to lead its client onboarding team

The PoC was conducted with Banco Santander, Goldman Sachs and UBS as project participants and delivered by linking HQLA^X with the Ecosystem TestNet environment, used to simulate the Fnality Payment System

This simulated transaction demonstrated how securities ownership rights recorded on HQLA^X’s DLT-based ledger could be exchanged simultaneously against digital cash recorded on J.P. Morgan’s DLT-based book of record

Collaboration agreement will enable traders using Wematch’s trade execution platform that are also customers of HQLA^X to input securities lending IoIs on the Wematch platform, with settlement confirmed on HQLA^X

The two firms have announced the completion of the first agency securities lending transactions using the HQLA^x distributed ledger technology platform

Luxembourg-based financial technology specialist HQLA^X has appointed Richard Glen as lead Solutions Architect in its newly-opened London office

“We’re happy to support HQLA^x as they continue to grow the collateral management blockchain ecosystem," comments Ben Challice, head of trading services at J.P. Morgan

HQLA^x has attracted new investment for its DLT-powered securities finance platform, from BNY Mellon, Goldman Sachs, BNP Paribas Securities Services and Citigroup