CLS


Markets

Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That

Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.

dollar_euro_shutterstock

Markets

Goldman, Morgan Stanley Go Live With CLS' IBM-Powered Blockchain

CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.

fsb

Markets

IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks

Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.

IBM

Markets

Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3

U.S.-based FX settlement provider CLS has made a $5 million investment in blockchain software startup R3.

currencies

Markets

Barclays Joins CLS Blockchain Consortium in Search of Swift Alternative

Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium CLS.

Barclays sign

Markets

Swift Says Hackers Can Unite Banks and Blockchain Disruptors

Long a target of blockchain disruptors, the ultimate banking middleman, Swift, is looking to re-position itself as part of the fight against hackers.

Swift Business Forum, 2017

Markets

Currency Settlement Service CLS Reveals Big Blockchain Ambitions

CLS is working with IBM to build a blockchain platform for payments netting.

CLS CEO David with IBM exec

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