R3 FOR BANKS
Modernize workflows and capitalize on a new era of digital finance
For years, financial markets have been burdened by minimal innovation in post-trade settlement, centralized operating models, siloed data, and restrictions leading to inefficiencies in the free allocation of capital. Until now.
Participate in a business network
Interested in participating in versus building an application?
Join one of the many distributed business networks powered by R3’s Corda.
A NEW PARADIGM FOR GLOBAL FINANCE IS HERE
Meet customer demands for innovation with the only DLT platform built for banks, with banks
Digital assets and currencies are unleashing new investment opportunities and access to greater liquidity. Leverage Corda to manage the lifecycle of digital assets, optimize existing processes and capitalize on new, better ways of doing business.
Today’s End-to-end Asset Lifecycle Has Friction
Banks are focused on improving processes, but the entire lifecycle needs an overhaul
At issuance, there is an inability to fractionalize block assets and digitize assets and agreements. As assets move along, high costs and delayed confirmation and settlement remain the norm. Finally, at the maintenance stage, poor data accuracy and availability hamper cash flow management, asset servicing and regulatory reporting.
THE FUTURE IS FASTER TIME-TO-MARKET AND REDUCED RISKS
Accelerate digital asset lifecycle management with DLT
SIMPLIFIED AND CONSISTENT DIGITAL ASSET MAINTENANCE
Streamline historically manual workflows
Settle in
near real-time
Naturally accelerated settlement, whether on or off ledger
Smart
contracts
Embedded logic to automate both scheduled and trigger events
What you see
is what I see
A verified, synchronized view of asset status and ownership
CordaCon 2022
Regional Currency and Security Token Initiatives in Japan
Learn how SBI R3 Japan—a joint venture between SBI Holdings, R3 and Sumitomo Mitsui Financial Group—is using Corda to provide digital currency initiatives to Japanese customers.
WEBINAR
Digital Assets for Success
R3 convened leaders from global financial institutions—including Goldman Sachs, J.P. Morgan, HSBC, and Deutsche Börse—to explore the impact of the growing adoption of digital assets.
Regulatory-compliant permissioned ledger
With Corda, the entire asset lifecycle—issuance, trading, and settlement—is managed on a permissioned shared ledger that allows institutional investors to move digital assets freely between counterparties.
Enterprise-grade
performance
Shorten settlement windows, streamline reconciliation, reduce risk and increase liquidity by enabling lower margin requirements with a performant DLT platform that guarantees scalability.
Designed by and for financial institutions
Corda allows for appropriate data confidentiality controls, scales to bank transaction volumes and throughput, and supports an enterprise-grade information security design that is compatible with industry regulated standards.
Liquidity management
Use Corda smart contracts to automate liquidity pools to improve FX liquidity and act as the intermediary for currency exchange.
Intra-bank treasury
Leverage Corda for real-time settlement between banks, which increases liquidity, transaction speeds, and transparency while reducing counterparty risk, trading costs, and other barriers to market participation.
Stablecoin Accelerator
Develop and distribute a digital token pegged 1:1 with central bank reserves or commercial bank deposits. Discover the power of digital currencies.
Don’t just take our word for it
Hear from an R3 customer
case study
Spunta—a live inter-bank reconciliation application powering the Italian banking sector
The legacy characteristics of “spunta”—slow, inefficient processes hampered by a lack of transparency and consensus—made interbank reconciliation an ideal candidate for streamlining and automation through the Corda-powered solution.
Silvia Attanasio – Head of Innovation, The Italian Banking Association
FEATURED webinar
HSBC uses Corda for digital asset initiatives
By using Corda as an overlay to existing systems we can gain business benefits around transparency, workflow and audit trail about FX transactions from trade capture through settlement.
Mark Williamson – Managing Director, HSBC
Who trusts R3 and Corda to modernize and streamline their business?
Ready to start building?
Learn more about how R3 can help banks.
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