IBM News
CLS's DLT Payment Netting Service Goes Live With Goldman Sachs And Morgan Stanley
IBM, November 28th, 2018
CLS announces that CLSNet, a standardized, automated bilateral payment netting service for over 120 currencies operating on a distributed ledger technology (DLT) platform, is now live with Goldman Sachs and Morgan Stanley. Six additional participants from North America, Europe and Asia, including Bank of China (Hong Kong), have committed to joining the service, with a steady onboarding of several other market participants planned in the next few months.

The service has been developed for, and in collaboration with, buy-side and sell-side institutions. CLSNet has been designed to standardize and increase the levels of payment netting in the FX market for trades not settling in CLSSettlement. By standardizing and automating the calculation of payment netting, CLSNet can reduce costs for market participants and increase liquidity in FX markets. The service also supports compliance with certain principles of the FX Global Code of Conduct.

    IBM QRadar Advisor With Watson Expands Knowledge Of Cybercriminal Techniques
    IBM, November 28th, 2018
    IBM Security announced new capabilities for the company's AI-based security platform, QRadar Advisor with Watson, which expand the platform's knowledge of cybercriminal behavior and allow it to learn from security response activities within an organization. IBM Security also is embracing the open-source MITRE ATT&CK framework, a playbook to help analysts understand how an attack has evolved and what might happen next based on real-world observations from the security community.
    IBM Talent Business Uses AI To Rethink The Modern Workforce
    IBM, November 28th, 2018
    As artificial intelligence (AI) promises to transform both the future of work and the human resources (HR) function, IBM (NYSE: IBM) today announced IBM Talent & Transformation, a new business to help companies and their employees flourish in the era of AI and automation. IBM Talent & Transformation provides not only robust AI skills training, but also helps companies drive the transformation necessary to use AI to empower employees, transform workflows, eliminate bias and build a modern workforce.

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