News & Views

The future is tokenised, collaboration between market players is key

In our two previous blog posts on stablecoins and CBDCs, we have discussed why the speed of market acceptance of stablecoins has constituted a financial stability concern for oversight authorities, pushing them to speed up their discussion around building appropriate legal frameworks to regulate new payment solutions.

We have also explored the acceleration of CBDC discussions in response to the perceived threat to existing currencies that central bankers see in stablecoins.

In the third and final blog post of this series, we highlight that several traditional market players have demonstrated their intention to explore and enter the stablecoin/DeFi space as a competitive response.

The amount...

CBDCs: What are they, and where are they being developed?

In our most recent blog post, we explored why the speed of market acceptance of stablecoins has constituted a financial stability concern for oversight authorities, one that has sped up their thinking around the need for a legal framework to regulate novel payment solutions.

Central bankers have also begun to explore alternatives to stablecoins, one particularly notable example being Central Bank Digital Currency (CBDC); a digital form of a country’s fiat currency, issued and regulated by the national central bank.

The financial authorities of around 90 countries worldwide - representing 90% of global GDP - are now exploring CBDC issuance and investigating the effect they may have on their...

Stablecoins: Regulatory concerns and future developments

As anticipated by our CEO, Rhom Ram, in his 2021 September blog post 'Are Stablecoins a threat to Capital Markets Incumbents?', the speed of market acceptance of stablecoins has been remarkably quick and therefore constitutes a financial stability concern for regulators.

As legislative frameworks are currently under construction, stablecoin arrangements - particularly because they depend on the receipt of fiat currency to issue corresponding digital tokens in exchange - look soon to be fully treated like depositary institutions.

Unlike a stablecoin, each Fnality Payment System doesn’t create or issue novel payment instruments, but is instead designed to be the 'system operator' of assets...

Fnality celebrates completion of a landmark DvP proof of concept

UK FinTechs Fnality, Nivaura and Adhara collaborate with NatWest and Santander to execute first cross-chain pilot debt transaction on public Ethereum and Fnality Payment System

Interview with Blockworks DAS:LONDON 2021

HubSpot Video

Friday Snippet: Becoming T-Shaped

Being T-shaped refers to the wealth of skills and experience someone may have, and is particularly useful in the world of recruitment when looking for strong employees or the most desirable candidates.

Friday Snippet: Why Does Fnality Have the Best Workplace Culture?

Fnality’s ways of working, based on the agile methodology, mean that we are constantly iterating, feeding back and learning. For our team members, in a practical sense that means that we encourage open and honest feedback, and encourage everyone to develop not just themselves, but also others; introspect and be empowered to make suggestions based on your findings. One way we do this is through our fortnightly sprint retrospectives, where, as part of a cross-functional team, we each discuss what went well and what could have gone better in the previous two-week sprint. This can range from talking about a piece of work not going according to plan, deadlines not being reached, morale being...

The importance of Fnality’s Universal Payment Leg

Digitisation and new technologies, like DLT and blockchain, are rapidly innovating the wholesale financial market industry.

Every day a new type of asset becomes ‘tokenised’ (i.e., represented digitally on a distributed ledger), from financial products (e.g., repurchase agreements, fixed income, equities) to any sort of tradable assets (e.g., real estate, IP royaltiesforests!) shaping the future tokenised financial markets and potentially creating novel business cases whose magnitude is still hard to define.

At the same time, execution of transactions in existing markets, such as equities, fixed income, FX and derivatives have seen incredible digital automation.

However, post-trade...

On the UK House of Lords Economic Committee meeting on CBDC

At Fnality, we are often asked questions along the lines of 'How would new forms of digital money alter your value proposition?’ or 'Where does Fnality 'fit' in a future world with CBDC?'

Friday Snippet: A Day In The Life Of A Platform Engineer at Fnality International

Ever wondered what a life in the day of a Platform Engineer looks like at Fnality International? Here is our own Jowita Lapies to tell you all about it.

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