• Technology

    Barclays To Host Blockchains Hackathon To Assist Contracts Processing In Derivatives Market

    Barclays, the U.K. banking behemoth, is challenging Barclays To Host Blockchains Hackathon developers to assist refurbish the worldwide derivatives market next month at a hackathon. Disclosed to the media this week, DerivHack will take place at Barclays’ Rise accelerator spaces at the same time in New York and London on September 20 and 21, 2018. The ISDA (International Swaps and Derivatives Association), Thomson Reuters, and Deloitte are co-sponsoring the hackathon. Those participating will apply ISDA’s CDM (Common Domain Model), a set of data standards and processes, employing their choice of DLT (distributed ledger technology) platform to competently model derivatives contracts’ post-trade processing. CDM…