Founded in 2017, HQLAX is a financial technology firm developed by a consortium of major financial institutions, including UBS, Credit Suisse, Commerzbank, CIBC, and ING, in partnership with Deutsche Börse Group. The company's mission is to improve efficiency, transparency, and liquidity in the securities lending and collateral management markets. HQLAX operates an innovative platform built on R3's Corda DLT (Distributed Ledger Technology) that enables the frictionless transfer of ownership of high-quality liquid assets (HQLA), allowing market participants to manage their collateral and liquidity with greater precision and on a 24/7 basis.

Founded in

Switzerland