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DBS Launches Blockchain-Powered Treasury Tokens Pilot With Ant International for 24/7 Treasury and Liquidity Management

Fintech Finance

DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with Ant International. DBS Treasury Tokens enables Ant International to reduce the settlement of intra-group transactions from potentially days to seconds.

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DBS tokenizes treasury management for Ant International

Finextra

Singapore's DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management.

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J.P. Morgan: Tech Uncovers New Liquidity Management Opportunities

PYMNTS

While the corporate treasurer's fundamental role has remained steady, the treasury function has seen dramatic impacts from a changing market that is increasingly moving toward real time. Luckily, technology continues to evolve in ways that can aid treasurers in their pursuit of optimizing liquidity management.

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DBS Launches Blockchain-Based Treasury Tokens With Ant International

Fintech News

DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquidity management, in collaboration with Ant International.

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Baton Systems debuts real-time intraday liquidity management and analysis tools

Finextra

Baton Systems, a global capital markets tech provider orchestrating the optimised settlement of $20-30 billion (USD) in asset value daily, has introduced new treasury management tools designed to optimise intraday liquidity, reduce costly buffers, and mitigate risk in real-time.

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Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement

Fintech News

This marks a major step towards instant and 24/7 treasury management for both companies, optimising treasury and working capital management for Ant International and its entities. This achievement builds on a recent successful test settlement of a Hong Kong dollar (HKD)-denominated transaction between the two companies.

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JPMorgan On The Digital Transformation Of Corporate Liquidity Management

PYMNTS

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. Centralized access to information is critical as treasury management requires managing liquidity across jurisdictions and across currencies. The Advantages Of Centralized Access .