Browsing the "CLS" Tag

Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That

| Ian Allison

Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive…

Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain

| Anna Baydakova

CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in…


IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks

| Ian Allison

Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.

Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3

| Sujha Sundararajan

U.S.-based FX settlement provider CLS has made a $5 million investment in blockchain software startup R3.

Barclays sign

Barclays Joins CLS Blockchain Consortium in Search of Swift Alternative

| Michael del Castillo

Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium CLS.

Swift Business Forum, 2017

Swift Says Hackers Can Unite Banks and Blockchain Disruptors

| Michael del Castillo

Long a target of blockchain disruptors, the ultimate banking middleman, Swift, is looking to re-position itself as part of the fight against hackers.

CLS CEO David with IBM exec

Currency Settlement Service CLS Reveals Big Blockchain Ambitions

| Michael del Castillo

CLS is working with IBM to build a blockchain platform for payments netting.