• finextra
• 25 Mar, 2021

The product - which is being deployed in partnership with industry-owned utility FinSwitch - is buiilt to support the entire South African fund management industry and streamline fund operations across trading, settlement and reconciliation activities. The ledger replaces slow, file-based batch processing of fund administration activities, with a single real-time platform. Using ChainClear, multiple copies of fund ownership records held by each industry participant and manually synchronised are
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