Partior makes the Finalist List for the G20 TechSprint Challenge for Cross-Border Payments

September 5, 2023

Blockchain-powered global ledger, Partior, ranks among the top five finalists for the G20 TechSprint Challenge for cross-border payments, in the emerging market and developing economies (EMDE) currencies category.  

The G20 TechSprint is a joint initiative between the G20 Presidency and the BIS Innovation Hub to seek out best-in-class technological innovations aimed at common challenges and focal priorities of the global regulatory and central banking community. This year’s edition is focused on three problem statements in cross-border payments – reducing illicit financial risk, enabling settlements in EMDE currencies and multilateral cross-border payment platforms.

Contending with over 90 global participants across three problem statements, Partior’s solution enables FX-settlement in EMDE currencies and addresses pain points that include settlement risks on transactions involving multiple legs, long settlement durations, liquidity constraints, and volatility in FX rates.

Partior’s decentralised atomic FX Payment vs Payment (PvP) solution is a cross-liquidity technology that can be integrated into multilateral platforms, including CBDC platforms. It offers all-in-one, near real-time, 24-7 settlement finality and enables competitive pricing and settlements to be executed in a larger number of currencies, including those from EMDE, on a real-time basis and with reduced liquidity demands.

Benefits unique to Partior’s solution include:

  1. Precise timing of liquidity operations using Intraday FX Swaps and Just-In-Time liquidity, which reduces liquidity demands and pre-funding requirements.
  2. Composability that guarantees real-time, global and simultaneous FX settlement to eliminate settlement risk.
  3. Interoperability with other networks, to enable a unified ledger for liquidity pooling and global real-time settlements utilising EMDE currencies.

Partior Publishes Paper on Transforming Global Financial Market Infrastructure

November 9, 2023

Today, Partior, the global unified ledger market infrastructure for clearing and settlement, released its Transforming Financial Market Infrastructure paper, outlining its approach to addressing challenges inherent in the current payment infrastructure, and redefining cross-border money movements as we know it.

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Partior Wins G20 TechSprint Interoperability Challenge, Set to Become Global Ledger for Financial Institutions Worldwide

November 2, 2022

Global blockchain-based financial market infrastructure, Partior, today announced new milestones in its ambition to provide Financial Institutions (FIs) around the world with a global shared ledger for settlement of multi-currency payments, FX trades, securities, and digital assets.

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Partior Completes Series A Funding with Strategic Investment From Standard Chartered

November 2, 2022

Partior, the trusted global network for value exchange, today announced that it has welcomed Standard Chartered as its fourth investor, rounding out its Series A fundraising. The funding round, led by Standard Chartered with participation from existing shareholders

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