Integrated solution to manage digital regulated liabilities is now live on Temenos Exchange, opening up state-of-the-art DLT infrastructure to be used by banks globaly.
Axiology, a leading provider of DLT-based trading and settlement solutions, today announced Axiology Tokenisation System is available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.
The Axiology Tokenisation System enables banks to start managing all digital regulated liabilities – from digital bonds to tokenised deposits. Thanks to its innovative technology and approach, this is done efficiently, whilst helping banks to maintain compliance, security, and interoperability with existing systems.
Temenos Exchange brings innovation to market faster, and at scale. The ecosystem offers pre-integrated and approved fintech solutions that can be easily deployed on top of Temenos open platform for composable banking, enabling banks to accelerate the creation of new financial services, while reducing the costs of development.
Martin Bailey, Director of Innovation and Ecosystems, Temenos, said: “Temenos Exchange acts as an accelerator for fintechs and software developers, helping them develop, validate and monetize new banking solutions. The integration with Temenos and joining Temenos Exchange means Axiology can write once and be readily available to banks globally that run on our platform.”
“As regulators and standard setters increasingly focus on tokenisation, banks are invited to embrace the future with digital regulated liabilities. We are a trusted partner to help them boost operational efficiency and discover new opportunities in asset management with our cutting-edge distributed technology tailored to the needs of contemporary financial institutions,” said Marius Jurgilas, CEO and co-founder of Axiology.
Axiology’s availability on Temenos Exchange further extends our commitment to the banking community and enables Temenos customers to easily reap the benefits of Axiology Tokenisation System. We look forward to leveraging the power of the Temenos platform to help us achieve our business goals.
About Axiology:
Axiology is a Lithuanian capital markets infrastructure provider that has developed a distributed ledger technology (DLT) platform for securities trading and settlement. This platform facilitates the issuance, trading, and settlement of various tokenised securities. One of the companies using this platform, a subsidiary of Axiology, is currently in the process of obtaining a licence to leverage DLT solutions under the provisions of the EU DLT Pilot Regime.