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ING and Credit Suisse swapped collateral on R3’s Corda distributed ledger.

ING and Credit Suisse swapped collateral on R3’s Corda distributed ledger.

About 700 fintechs are developing capital markets infrastructure.

AI will result in 90,000 job losses in global asset management by 2025.

Distributed ledger technology is disrupting the legacy siloed approach to assets.

Key challenges include the cost of legacy systems and new regulatory mandates.

The FCA receives over 500,000 scheduled annual reports.

This is the CFTC's first fintech innovation arrangement outside the US.

VeloCity will accelerate fintech tailored to asset management.

New firms may value being able to test in more than one jurisdiction.

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