CACEIS joins French financial securities blockchain initiative

CACEIS has signed an investment agreement intended to develop a post-market Blockchain infrastructure for the SME segment in Europe.

News Members  | 

Launched in June 2016, the objective of this partnership is to improve the access of such companies to capital markets, while facilitating and enhancing the security of post-market operations. It brings together eight major financial institutions: CACEIS, BNP Paribas Securities Services, Caisse des Dépôts et Consignations, Euroclear, Euronext, S2iEM and Société Générale, with the support of Paris Europlace.

 

This initiative was launched in anticipation of a new regulatory framework in France providing for the issue and distribution of financial securities using Blockchain technology. Blockchain technology uses a ledger of data that is distributed and shared by multiple parties. It has the capacity to improve and simplify the chain of post-trade operations.

 

 

Jean-François Abadie, CEO of CACEIS, remarked, “We are very pleased to participate in this collective innovation process. This promising project combines a wide range of experience and expertise that is appropriate to its ambition to help drive the process of transforming the post-market environment. This is fully in line with the CACEIS strategy of prioritising the development of innovative solutions for its clients.”

 

Source: www.finextra.com

Our events

Our Patrons

    • Alstom Ireland Limited
    • BNP Paribas
    • CRH
    • Caceis
    • Caci-Non Life Limited
    • Egis Projects Ireland
    • Hopscotch Europe
    • Irish Distiller Pernod Ricard
    • JCDecaux
    • LK Shields
    • Mazars
    • Moët-Hennessy
    • Renault Group Ireland
    • Sanofi Aventis
    • Schneider Electric Ireland
    • Servier
    • Smurfit Kappa Group
    • Sodexo
    • Transdev
    • Valeo
    • Veolia

Contact Us

France Ireland Chamber of Commerce
44 Upper Mount Street, Dublin 2, Ireland

D02 WR65

Tel: 00353 (0)1 644 9760
Fax: 00353 (0)1 644 9743
Email: info@franceireland.ie 


© 2017 FRANCE IRELAND CHAMBER OF COMMERCE