Tag "Deutsche Börse"
Deutsche Börse With 3.9 Billion Euro All-Cash Takeover Offer for SimCorp
Deutsche Börse has announced a binding agreement with SimCorp in which it will make an all-cash voluntary public takeover offer to acquire all shares of Denmark’s SimCorp A/S, valuing the firm at €3.9 billion. The offer price represents a premium
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Deutsche Börse and Google Cloud Announce Strategic Partnership
Deutsche Börse and Google Cloud have announced a new strategic partnership to enhance, economize and concentrate Deutsche Börse’s cloud adoption. Specifically, Deutsche Börse will leverage Google Cloud’s secure infrastructure and leading data and analytics capabilities to accelerate the development of
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Deutsche Börse’s D7 Platform Performs Its First Digital Securities Issuances
Deutsche Börse’s digital post-trade platform D7, facilitated by service provider Clearstream’s infrastructure, has executed the first digital securities issuance in Germany. The first automated issuances on the D7 platform were performed by universal bank LBBW and asset management group Vontobel.
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Deutsche Börse to Roll Out Digital Post-trade Platform
Global market infrastructure provider Deutsche Börse plans to launch a regulatory compliant, fully digital post-trade platform called D7, anchored in the recently introduced German digital securities law framework. The new cloud-backed and DLT-ready D7 platform will enable market participants to
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Deutsche Börse’s Venture Arm Acquires Minority Stake in Israeli Fintech WeMatch
Deutsche Börse’s venture arm DB1 Ventures has acquired a minority stake in WeMatch, an Israel-based fintech company digitising the wholesale derivatives industry, as part of the latter’s US$ 19.5 million Series B equity funding round. The deal closed on 30
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Forge Raises Over US$150 Million in Funding, Backed by Deutsche Börse and Temasek
Forge Global, a global private securities marketplace, announced that it has received Financial Industry Regulatory Authority’s (FINRA) approval to operate as a single broker dealer with SharesPost following a merger in 2020, and that it closed an oversubscribed round of
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Deutsche Börse and Commerzbank Join Forces to Build Digital Asset Marketplaces
German stock exchange operator Deutsche Börse and Commerzbank have partnered to invest into Fintech 360X to create digital asset marketplaces. The entities made the move to develop new digital marketplaces and ecosystems for existing real assets such as art and
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German Central Bank: DLT-Based Securities Settlement Successfully Tested
Deutsche Börse, Deutsche Bundesbank and Germany’s Finance Agency have developed and successfully tested a settlement interface for electronic securities, working with a range of other market participants. Securities settlement using distributed ledger technology (DLT) is performed with the aid of
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Credit Suisse and UBS Execute First Collateral Swap on the Blockchain
Deutsche Börse and HQLAX successfully launched their jointly developed Distributed Ledger Technology (DLT) solution for frictionless collateral swaps in the securities lending market. The live transactions were executed by Commerzbank, Credit Suisse and UBS on the Eurex Repo F7-trading system.
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Deutsche Börse and Swisscom Settled Securities Transactions via Tokens for Swiss Banks
Deutsche Börse, Swisscom and the three partners Falcon Private Bank, Vontobel and Zürcher Kantonalbank have succeeded in jointly settling securities transactions with tokenised shares via Distributed Ledger Technology (DLT). With this proof of concept, the partners demonstrate how the immediate
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