David Rutter, CEO of R3, argues that now is the time to transform the corporate bond secondary market.
Advisors are turning to alternative investments so the process needs to be more digital.
Last week Archax became the first firm to receive FCA authorisation as a digital securities exchange.
The deal aims to advance enterprise blockchain adoption.
Deutsche Bank, Atos, Google and TechQuartier launched the second competition.
Prototype GreenR was developed as part of the Intrapreneur Initiative.
A new digital asset marketplace can launch in days with a fully-compliant end-to-end platform.
The time taken for a firm to reconstruct a trade is cut from days to seconds.
Archax can provide capital raising as well as a secondary market as an SME Growth Market.