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NatWest Markets units up blockchain group

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NatWest is to formalise its blockchain technique with the launch of a brand new digital group in its capital markets enterprise.

The brand new group can be led by Chris Agathangelou, who has been appointed head of digital capital markets. The unit can be charged with delivering credit score and charges merchandise by way of digital channels and currencies and underpinned by blockchain know-how.

“Distributed ledger know-how will enhance transparency, minimise prices, result in quicker execution and enhance capital effectivity for NatWest Markets’ purchasers,” Natwest stated in an announcement.

Agathangelou joined NatWest Markets in 2017 from Nomura. As head of circulation credit score syndicate he was most just lately driving knowledge visualisation initiatives with exterior companions throughout the fintech neighborhood.

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