Blockchain has the potential to dramatically reduce the time and cost of settling transactions on a global basis. This will however require a joined up approach across the industry.
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Blockchain: A Game-Changer for Asset Managers?
Natixis Asset Management is testing a blockchain-powered fund management tool in Europe and it has the potential to create a more efficient distribution platform, according to a recent Moody's report. The new tech streamlines administrative processes and boasts faster execution times.
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