Press Room

Natixis Joins R3's Blockchain Consortium

web_publication.show.description
Corporate & Investment Banking
Innovation
Paris, France, December 21, 2015

Natixis has become a partner with technology firm R3 to develop blockchain technology throughout the banking sector and in implementing market standards. This financial sector initiative will help the creation of common banking standards based on this technology, endorsed by the global financial actors.

Blockchain technology, which is based on a decentralized infrastructure paradigm, is poised to have a major impact on global finance’s future ecosystem. It will make data and transaction exchanges much more fluid, for example by trimming the number of intermediaries involved, thereby simplifying banking infrastructure. It is also expected to enhance system security, authenticity and resilience while also reducing transaction costs.

Natixis will collaborate with the R3-led consortium to develop shared protocols, build architecture models and write specific transactional constructs that span across the various activities of the banking world.

This collaborative effort falls squarely within Groupe BPCE’s digital strategy which seeks to capitalize on developing new technologies to improve the nature and quality of services to clients in France and internationally, irrespective of whether they are individual, professional or institutional clients.

Attachment

Natixis Joins R3's Blockchain Consortium

December 21, 2015

Natixis Joins R3's Blockchain Consortium

To secure its communication, contents are certified on the blockchain using Wiztrust

Press contact

Sonia Dilouya

Sonia Dilouya

Press Relations, Natixis

+33 1 58 32 01 03

Our contents are certified with the blockchain technology.
You can check the authenticity of a press release on the website wiztrust.com

About Natixis

About Natixis

Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts over 16,000 employees across 36 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €12.4 billion, a Basel 3 CET1 Ratio(1) of 11.5% and quality long-term ratings (Standard & Poor’s: A / Moody’s: A1 / Fitch Ratings: A+). 

(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in.

Figures as at 30 June 2021

Follow us
Top of the page