HQLAᵡ IS A FINANCIAL TECHNOLOGY INNOVATION FIRM THAT LEVERAGES DISTRIBUTED LEDGER TECHNOLOGY TO DELIVER LIQUIDITY MANAGEMENT AND COLLATERAL MANAGEMENT SOLUTIONS FOR INSTITUTIONAL CLIENTS IN THE GLOBAL SECURITIES LENDING AND REPO MARKETS.

At the Securities Lending Technology Symposium on 9th May 2019 it was announced by Guido Stroemer that the Deutsche Börse Group owned Trusted Third Party (TTP) is in the process of becoming a client of Euroclear as a collateral taker on the triparty platform. This represents an important step for enabling Euroclear clients to mobilise […]

The following piece is the summary of an Independent Study research assignment conducted by Yale School of Management MBA candidate Christian Rodriguez-Chavez (’19) during the Spring 2019 academic term. Meeting Intraday Challenges with HQLAᵡ

Six banks already started onboarding Deutsche Börse acquired further shares in HQLAx The development of the HQLAx target operating model, an innovative blockchain solution for collateral swaps in the securities lending market by Deutsche Börse Group and HQLAx, is showing significant progress. In March 2018, Deutsche Börse Group and HQLAx announced a cooperation for a […]

Whilst the collateral upgrade market provides market participants with balance sheet efficiency achieved from exchanging non-cash collateral baskets, the incumbent securities settlement infrastructure suffers from the inability to provide an industrial strength solution for atomic Delivery versus Delivery (DvD) of baskets of securities. Atomic DvD refers to the instantaneous exchange of one basket of securities […]

Deutsche Börse strengthens commitment to new technologies in the post-trade sector / Significant progress in creating innovative blockchain solution to tackle fragmentation of securities lending market Deutsche Börse Group has just made an initial investment of a single-digit euro million amount in HQLAx S.à r.l. in exchange for a minority shareholding. With this step, the […]

Release date: 26 Mar 2018 Deutsche Börse Group and HQLAX have signed a Letter of Intent to form a strategic partnership for the creation of an innovative securities lending solution using the R3 Corda blockchain platform. Using Corda’s unique blockchain technology, the partners will build a fully integrated front to back operating model to facilitate […]

PRESS RELEASE March 1, 2018 (New York/London) Financial technology innovator HQLAᵡ, together with Credit Suisse1 and ING, have completed the first live securities lending transaction settled using R3’s Corda blockchain platform. In the groundbreaking transaction, Credit Suisse and ING swapped baskets of securities of value EUR 25 million using the HQLAx Corda-based collateral lending application. During the transaction, […]

By: Peter Lee Published on: Monday, August 21, 2017 After breakthrough proofs of concept in the spring, two large projects are now quietly moving forward into pilot production that could see blockchain technology transform wholesale markets at the core of the global financial system. Synaps, a joint venture between Ipreo and Symbiont, used the latter’s […]

AMERICAN BANKER by Penny Crosman published April 06 2017, 3:23pm EDT Too much cash. It sounds like a good problem to have. But for banks, it can be costly to have too much cash sitting around doing nothing. Having too little liquidity can run them afoul with regulators, of course. It’s part of a chief financial officer […]

PRESS RELEASE April 5, 2017 (New York/London/Singapore) – Financial innovation firm R3, five of its members and financial resource management specialist HQLAX have built a collateral lending solution for liquidity transfers on R3’s Corda distributed ledger platform. Project participants CIBC, Commerzbank, Credit Suisse, ING, UBS and HQLAX collaborated with R3 to develop an operating model for a digital collateral […]