Equilend's 1Source DLT Adds Goldman Sachs
10 Articles
10 Articles
Goldman Sachs Joins EquiLend's 1Source DLT After BNY
Goldman Sachs has joined EquiLend’s 1Source distributed-ledger platform for securities finance, adding a major borrower to a network already used by BNY and National Bank of Canada. EquiLend says the platform creates a shared record of securities lending and financing transactions to reduce reconciliation and operational breaks. The company announced Goldman’s participation in a press release.EquiLend describes 1Source as a “single, golden sourc…
According to ChainCatcher, EquiLend, a global securities financing technology company, has announced that Goldman Sachs has joined Bank of New York Mellon and National Bank of Canada in using its 1Source distributed ledger platform, built on the Canton Network. This platform aims to reduce issues such as duplicate reconciliation, inconsistent transaction records, and settlement failures between traditional financial institutions by synchronizing…
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