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CLS

dollar_euro_shutterstock
Markets
Forex
Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That
Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.
dollar_euro_shutterstock
By Ian Allison
Oct 8, 2019 at 8:00 a.m. UTC
Oct 8, 2019
ForexpaymentsIBMcapital marketsCLSHyperledger FabricCLSNetFXbusiness news
fsb
Markets
Banks
Goldman, Morgan Stanley Go Live With CLS' IBM-Powered Blockchain
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 development.
fsb
By Anna Baydakova
Nov 28, 2018 at 6:59 a.m. UTC
Nov 28, 2018
banksIBMGoldman SachsHyperledgerBankingcapital marketsMorgan StanleyCLSForeign ExchangeCLSNetbusiness news
IBM
Markets
Barclays
IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks
Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.
IBM
By Ian Allison
Jul 30, 2018 at 8:00 a.m. UTC
Jul 30, 2018
BarclaysIBMCitiBankingcapital marketsDistributed Ledger TechnologyCLSCLSNetLedgerConnectFeaturesbusiness news
currencies
Markets
Venture capital
Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3
U.S.-based FX settlement provider CLS has made a $5 million investment in blockchain software startup R3.
currencies
By Sujha Sundararajan
May 31, 2018 at 11:15 a.m. UTC
May 31, 2018
Venture CapitalNewscapital marketsR3investmentsCLSbusiness news
Barclays sign
Markets
Forex
Barclays Joins CLS Blockchain Consortium in Search of Swift Alternative
Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium CLS.
Barclays sign
By Michael del Castillo
Sep 25, 2017 at 12:00 p.m. UTC
Sep 25, 2017
ForexBarclaysSWIFTBankingNewsCLSSettlementuse-cases-verticalsbusiness news
Swift Business Forum, 2017
Markets
Hacking
Swift Says Hackers Can Unite Banks and Blockchain Disruptors
Long a target of blockchain disruptors, the ultimate banking middleman, Swift, is looking to re-position itself as part of the fight against hackers.
Swift Business Forum, 2017
By Michael del Castillo
Jun 15, 2017 at 12:00 p.m. UTC
Jun 15, 2017
hackingCrimeSecurityJP MorganChainCitiSWIFTBankingCLSFeatures
CLS CEO David with IBM exec
Markets
Ibm
Currency Settlement Service CLS Reveals Big Blockchain Ambitions
CLS is working with IBM to build a blockchain platform for payments netting.
CLS CEO David with IBM exec
By Michael del Castillo
Sep 27, 2016 at 5:06 p.m. UTC
Sep 27, 2016
IBMHyperledgerNewsEventsSibos 2016CLS