to Corda blockchain platform
VALK offers BT Radianz Cloud Community access to Corda blockchain platform
Financial institutions can now use their secure and resilient Radianz Cloud connections to access the open-source Corda blockchain platform via VALK
2nd June 2020 – VALK, an innovative technology provider offering a software that digitizes the management, investment and trading of unlisted assets, today announced that it has joined the BT Radianz Cloud, one of the world’s largest secure cloud communities for the global financial markets. By joining the Radianz Cloud, VALK has extended the availability of its Corda-based distributed ledger technology (DLT) network to Radianz community members, enabling them to access the Corda network and to leverage a wide range of additional applications underpinning this leading open source blockchain platform.
VALK is the first Corda provider to join the Radianz Cloud, which gives brokers, institutions, exchanges, clearing and settlement houses secure access to thousands of applications from hundreds of specialist applications and service providers critical to the operation of global financial markets.
We are delighted to join the BT Radianz Cloud to deliver the first Corda-based application to integrate with its infrastructure. It enables us to offer our services directly to a large number of institutional clients via a secure private network.
Antoine Loth & Elie Azzi, VALK Founders
DLT has seen a significant surge in interest among our clients, with an increasing number of firms leveraging it for real-life applications or R&D activities. Enabling access to Corda blockchain nodes via VALK’s platform will create new opportunities for our institutional clients to capitalise on the significant potential DLT presents.
Michael Woodman, Managing Director, BT Radianz
The VALK solution is available to Radianz community members now.
VALK is a London and Zurich based fintech that has developed an end-to-end digital solution for private markets that can be used by investment banks, asset managers and fund managers that want to digitize their processes and assets from end to end to reduce costs, time spent on processes, improve user experience and transactions and operate secondary market trades. Their solution is built on two strong banking technological infrastructures: Corda and BT Radianz, giving their clients access to a wide network of financial institutions they can connect and trade with. Indeed, being built on Corda, VALK allows for instant settlement on chain, investing & secondary market trading in a secure, compliant and robust environment and interoperability and connectivity with the world’s largest banking DLT ecosystem.
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