Finastra: Onboards Fragmos Chain’s blockchain platform for OTC derivatives market
- Finastra is a global provider of financial software applications and marketplaces and launched the leading open platform for innovation
- Fragmos Chain develops and operates a Blockchain platform that automates interactions between financial institutions
- The API-first integration, via FusionFabric.cloud, enables banks globally to digitalize their OTC derivatives products
- The partnership is transforming the way banks interoperate
- Fragmos Chain is a blockchain platform, hosted in the cloud, which provides next-generation post-trade derivatives
- Through cloud deployment and distributed ledger technology (DLT), banks can match their trades
