Quant and Murex publish paper on programmable settlement that synchronizes cash and asset movement within existing workflows.
Tech & Launches ·
Quant and Murex have published a paper examining programmable settlement mechanisms that coordinate the movement of cash and assets within established financial workflows. The research explores how synchronization between payment and asset transfer can be embedded into existing operational processes, addressing a key challenge in modernizing settlement infrastructure.
The paper sits within a broader industry focus on reimagining how money and tokenized assets flow across financial systems. As financial institutions increasingly explore stablecoin rails and onchain infrastructure, the ability to execute synchronized settlement—where cash and asset movement occur as a unified transaction rather than separate steps—has emerged as a technical prerequisite for institutional adoption and cross-border payments.
What remains unclear is the specific scope of the proposed mechanism, whether it applies to particular asset classes or payment corridors, and whether Quant and Murex plan to implement the framework across their respective platforms or position it as an open standard for the industry.