Joe Bonnaud, global markets chief operating officer and head of engineering at BNP Paribas, said the two main-use cases for the bank were securities financing and intraday repo.
“This is not just proof-of-concept work, we see this as part of our efforts to utilise the technology for the whole trading and operations lifecycle as the market evolves,” he added.
The full article is available at https://www.ft.com/content/f23c990a-913d-4613-8014-f61d35b6e09d