Administrators from Quantuma to oversee restructuring of SETL, separating investments from software development business.
UK-based SETL has appointed Christian Noyer, formerly governor of the Banque de France, to the firm’s board of directors.
Co-founder and CEO Peter Randall will step down from his role and become president of the firm, helping Philippe Morel lead the company.
Peter Randall, CEO of blockchain platform, SETL, discusses FinTech developments and some predictions for 2017.
Major blockchain companies will be able to use sandbox to test products and services.
SETL and Cobalt DL’s FX post-trade tool has 15 FX institutions already committed to using the service, which is due to launch in January 2017.