You are here: Home » Partner Content » Specials » Articles
Business Standard

SPONSORED CONTENT

What's this ?

Sponsored Content is written by and on behalf of our Sponsors/Advertisers. Purely a Commercial Arrangement, the advertisers pay to get this content published.

The Editorial/Content team at Business Standard has not contributed to writing/editing this article.

For further information, please write to assist@bsmail.in

Hermes Bank at SWELL2017

During 4 days in October top international financial players gathered at Metro Toronto Convention Center for SIBOS2017-one of the biggest annual events for the industry, organized by SWIFT.

Hermes bank

During 4 days in October top international financial players gathered at Metro Toronto Convention Center for SIBOS2017—one of the biggest annual events for the industry, organized by SWIFT. However, at the same time another conference took place in the city: SWELL2017 by Ripple.

With banks, tech firms, corporate treasurers and speakers of the caliber of Dr Ben Bernanke, 7th chairman of the US Federal Reserve System, participating in the three-day Swell event in the Distillery District of Toronto, it could be seen as a potentially rivalrous gathering.

Hermes bank representatives, who took part in SIBOS2017, were also invited to participate in a number of Swell events as well:

«One of our goals at Toronto was to establish working contacts with two major providers of blockchain technology for banks: Ripple and Stellar. We will be exploring their current capabilities and talking to their current network of banks to gain their insights»—said Hermes bank deputy general manager Jeanelle Williams.

Hermes bank VP, Mr. Pantelis Pierides took part both in SWELL2017 event, as well as in series of meetings with what widely believed to be a more feasible and technologically advanced alternative to both SWIFT and Ripple—Stellar, headed by non other than Jed McCaleb, it’s co-founder. Over two days they have discussed co-operation possibilities, as well as further role of Stellar as potential SWIFT substitute in conjunction with IBM currently running its HyperLedger-based RTGs project through a number of pacific islands, including Vanuatu, Fiji, etc.

At the moment Stellar and IBM partnership is fully operational and covers major transactional needs of banks in Australia, New Zealand as well as small island-states like Fiji, Tonga, Vanuatu, including cross-currency operations.


Hermes Bank Limited 
1 Bella Rosa Road, 
Rodney Bay 
BW Box 332, Gros Islet 
Saint Lucia, W.I.

Tel: +1 758 451 2265 
Tel: +44 121 740 0128 
Fax: +44 131 464 0321

RECOMMENDED FOR YOU

Hermes Bank at SWELL2017

During 4 days in October top international financial players gathered at Metro Toronto Convention Center for SIBOS2017-one of the biggest annual events for the industry, organized by SWIFT.

During 4 days in October top international financial players gathered at Metro Toronto Convention Center for SIBOS2017-one of the biggest annual events for the industry, organized by SWIFT.
During 4 days in October top international financial players gathered at Metro Toronto Convention Center for SIBOS2017—one of the biggest annual events for the industry, organized by SWIFT. However, at the same time another conference took place in the city: SWELL2017 by Ripple.

With banks, tech firms, corporate treasurers and speakers of the caliber of Dr Ben Bernanke, 7th chairman of the US Federal Reserve System, participating in the three-day Swell event in the Distillery District of Toronto, it could be seen as a potentially rivalrous gathering.

Hermes bank representatives, who took part in SIBOS2017, were also invited to participate in a number of Swell events as well:

«One of our goals at Toronto was to establish working contacts with two major providers of blockchain technology for banks: Ripple and Stellar. We will be exploring their current capabilities and talking to their current network of banks to gain their insights»—said Hermes bank deputy general manager Jeanelle Williams.

Hermes bank VP, Mr. Pantelis Pierides took part both in SWELL2017 event, as well as in series of meetings with what widely believed to be a more feasible and technologically advanced alternative to both SWIFT and Ripple—Stellar, headed by non other than Jed McCaleb, it’s co-founder. Over two days they have discussed co-operation possibilities, as well as further role of Stellar as potential SWIFT substitute in conjunction with IBM currently running its HyperLedger-based RTGs project through a number of pacific islands, including Vanuatu, Fiji, etc.

At the moment Stellar and IBM partnership is fully operational and covers major transactional needs of banks in Australia, New Zealand as well as small island-states like Fiji, Tonga, Vanuatu, including cross-currency operations.


Hermes Bank Limited 
1 Bella Rosa Road, 
Rodney Bay 
BW Box 332, Gros Islet 
Saint Lucia, W.I.

Tel: +1 758 451 2265 
Tel: +44 121 740 0128 
Fax: +44 131 464 0321
image
Business Standard
177 22

Hermes Bank at SWELL2017

During 4 days in October top international financial players gathered at Metro Toronto Convention Center for SIBOS2017-one of the biggest annual events for the industry, organized by SWIFT.

During 4 days in October top international financial players gathered at Metro Toronto Convention Center for SIBOS2017—one of the biggest annual events for the industry, organized by SWIFT. However, at the same time another conference took place in the city: SWELL2017 by Ripple.

With banks, tech firms, corporate treasurers and speakers of the caliber of Dr Ben Bernanke, 7th chairman of the US Federal Reserve System, participating in the three-day Swell event in the Distillery District of Toronto, it could be seen as a potentially rivalrous gathering.

Hermes bank representatives, who took part in SIBOS2017, were also invited to participate in a number of Swell events as well:

«One of our goals at Toronto was to establish working contacts with two major providers of blockchain technology for banks: Ripple and Stellar. We will be exploring their current capabilities and talking to their current network of banks to gain their insights»—said Hermes bank deputy general manager Jeanelle Williams.

Hermes bank VP, Mr. Pantelis Pierides took part both in SWELL2017 event, as well as in series of meetings with what widely believed to be a more feasible and technologically advanced alternative to both SWIFT and Ripple—Stellar, headed by non other than Jed McCaleb, it’s co-founder. Over two days they have discussed co-operation possibilities, as well as further role of Stellar as potential SWIFT substitute in conjunction with IBM currently running its HyperLedger-based RTGs project through a number of pacific islands, including Vanuatu, Fiji, etc.

At the moment Stellar and IBM partnership is fully operational and covers major transactional needs of banks in Australia, New Zealand as well as small island-states like Fiji, Tonga, Vanuatu, including cross-currency operations.


Hermes Bank Limited 
1 Bella Rosa Road, 
Rodney Bay 
BW Box 332, Gros Islet 
Saint Lucia, W.I.

Tel: +1 758 451 2265 
Tel: +44 121 740 0128 
Fax: +44 131 464 0321

image
Business Standard
177 22