Head office 9, rue du Laboratoire L-1911 Luxembourg
HQLAX
HQLAX is an innovative financial technology firm founded by financial market practitioners. Our core clients are financial institutions active in securities lending and collateral management, and our shareholders include market-leading service providers in the global financial ecosystem.
Our vision is to be the distributed ledger for Â鶹´«Ã½ Finance and Repo. We aim to achieve this vision by collaborating with our clients to design, develop and deliver innovative, technology-driven solutions for specific pain points in the financial markets.
Our immediate goal is to provide capital savings to global banks by improving collateral mobility across market-leading triparty agents and custodians in Europe. Together with Deutsche Börse, we created a multi-layer operating model which enables our clients to exchange ownership of baskets of securities across disparate collateral pools at precise moments in time. The atomic nature of our Delivery vs Delivery (DvD) ownership transfers provides our clients with capital cost savings by reducing credit risk, intraday liquidity requirements, and operational risk.
Contacts
Richard Glen
Solutions Architect
richard.glen@hqla-x.com
Elisa Poutanen
Sales Lead
elisa.poutanen@hqla-x.com
Adopting this model will increase the speed and precision of collateral management activities, while reducing operating costs and risks for participants, says HQLAX
The financial technology firm collaborated with Clearstream and Eurex Repo to achieve the milestone, which took place during the European Central Bank trials
Elisa Poutanen, sales lead at HQLAX, discusses the challenges facing banks when executing cross-custodian settlements, and the firm’s recent work on triparty interoperability
Richard Glen, solutions architect at HQLAX, identifies three steps that firms should follow to guide their digital strategies, suggesting that more firms should be embracing a ‘can do’ approach to distributed ledger technology
Guido Stroemer at HQLAX sets out how the firm’s collateral mobility-boosting distributed ledger technology lays the groundwork for its long-term vision to transition towards a frictionless model of asset transfers
HQLAX team Charlie Amesbury, Martin O’Connell, Erica De Rosa, and Richard Glen, discuss the firm’s strategy to link DvD and DvP transactions for the creation of liquidity on digital platforms, and the multifaceted approach required for industry wide intraday counterparty credit risk management
HQLAX sales team Elisa Poutanen and Charlie Amesbury discuss fragmentation across settlement systems as a key market pain point, while exploring the firm’s mission to redefine collateral mobility through its operating model
Head of sales at HQLAX Elisa Poutanen speaks to Carmella Haswell about improving collateral mobility and interoperability, industry collaborations and adapting to keep up with client demands
HQLAX is now backed by some of the biggest names on Wall Street. COO Nick Short lays out why connectivity is the key to success and what’s next for the DLT platform provider
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