INDUSTRY ARTICLE

The vanguard of FX Settlements transformation

In PAY21, Jerome Kemp, senior advisor to Baton, explains his passion for the markets in which Baton is disrupting: “I’ve always been fascinated,” he says, “by the idea that you can trade in micro, if not nano, seconds, but in somecases it takes one week or more to settle a trade.”
There is, says Jerome, this basic disequilibrium which needs addressing, and Baton’s distributed ledger technology is directed at doing just that. Jerome explains how this area ripe for transformation has become all the more important in the light of last year’s unprecedented market volatility. FX in particular has found itself in the spotlight due to the massive amount of settlement risk that has always been seen as an inevitable.

“Baton is the vanguard of what is happening in FX settlements.”


Watch our segment for 'Market Insights' with Jerome Kemp

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