Slate Asset Management

Torstone Technology | June 10, 2020

Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announced its SaaS platform has been recognised as the Best Cloud Computing Solution in the FTF News Technology Innovation Awards 2020. The annual FTF News Technology Innovation Awards recognise accomplishments in post-trade processing and industry participants that have made significant advances and notable achievements in operational excellence over the past year. The final list of the awards win...

INVESTMENT MANAGEMENT

Wells Fargo & Company | December 14, 2021

Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced an agreement to use a blockchain-based solution for the netting and settlement of matched foreign exchange (FX) transactions. Through this agreement, Wells Fargo and HSBC will jointly use a shared settlement ledger to process US dollar, Canadian dollar, British pound sterling and Euro transactions with plans to extend the platform to settle additional currencies in the near future. Utilizing blockchain technology, this solut...

PAYMENTS

Merrco Payments | January 14, 2022

Merrco Payments Inc. (“Merrco”) launched the PayHQ platform with enhanced functionality for seamless and secure payments for businesses worldwide. As companies today have a robust approach towards implementing technology patterns into the payment processes for merchants from the U.S. and Canada, Mercco has integrated updated functions in the PayHQ platform so that businesses can process integrated payments legally at the same time. With the help of PayHQ, technology pr...

FINANCIAL MANAGEMENT

Scrypt AI | March 23, 2021

Scrypt AI, a machine learning and artificial intelligence-driven Treasury Management-as-a-Service platform startup, has announced that its Integrated Payables and Receivables platform has now processed thousands of invoices worth more than $1B to its clients, saving its clients 10 to 15 times the previous cost of manual accounts payable workflows. The greater part of all invoices got by businesses in the U.S. today are paper, while the greater part of business-to-business payments...