News & Insight
[NEWS] Clearing the Final UMR Hurdles – Custodians and Sell-Side Provided Solutions
From DerivSource: Although the next wave of entrants impacted by the Uncleared Margin Rules (UMR) were granted a bit more breathing space to prepare, the challenges of implementing collateral management solutions should not be underestimated. Custodians, vendors and...
[PRESS RELEASE] Illuminate Financial Invests $4 Million in Baton Systems
Largest investment to-date for the FinTech VC brings Baton’s total funding to $16 million Fremont, CA; January 31, 2020 -- Baton Systems (“Baton”), a provider of distributed ledger-based post-trade solutions for capital markets, has received a $4 million...
[NEWS] Illuminate Rounds Out Baton Systems Funding with $4m Investment
Exclusive from Waters Technology: Venture capital firm Illuminate Financial has made a $4 million investment in Baton Systems, rounding out the start-up’s $16 million funding total. Baton, a provider of distributed ledger-based clearing and settlement technology, will...
[PRESS RELEASE] Baton Systems Named Risk.net Fintech Startup of the Year
Fremont, CA; November 26, 2019 -- Baton Systems (“Baton”), a provider of distributed ledger-based post-trade solutions for capital markets, has been named Fintech Startup of the Year at the 2020 Risk Awards, which were presented today in London. As one of the longest...
[PRESS RELEASE] Baton Systems and J.P. Morgan Develop Industry Solution to Automate Derivatives Margin Payments
DLT-based platform to help redeploy cash and collateral balances more effectively to global clearing houses FREMONT, Calif. and NEW YORK, Nov. 14, 2019 -- Baton Systems ("Baton"), a provider of distributed ledger-based post-trade solutions for capital...
[PRESS RELEASE] Baton Systems Appoints Alex Knight as Head of EMEA
Fremont, CA, New York & London; October 28, 2019 -- Baton Systems (“Baton”), a provider of distributed ledger-based post-trade solutions for capital markets, has appointed Alex Knight as Head of EMEA. Knight, an FX banking industry veteran, joins Baton during a...