everis and Adhara join forces to develop innovative Blockchain solutions for Wholesale Banking
Thursday, 20 December, 2018

everis and Adhara, a start-up specialised in Blockchain technology, have joined forces to develop innovative solutions for Wholesale Banking. Through this partnership, everis will integrate Adhara’s multi-currency global liquidity management and international payments platform into its financial clients.

The main goal of this alliance is to offer more interactive, efficient and safe banking infrastructures. Both companies will work together to deliver innovative solutions to wholesale banking challenges and to manage the treasuries of financial institutions effectively.

Adhara offers and leverages tokenised money over a smart contract-enabled decentralised ledger. It is a solution to the challenges our Corporate and Investment banking clients are faced with, that no other fintech business had yet been able to resolve. Adhara brings much needed tools to the Blockchain and DLT enterprise-grade banking ecosystem, such as liquidity management, cash pooling and currency hedging. Therefore, we are delighted to announce this strategic partnership with Adhara, which will be very beneficial to our existing clients,” comments Jorge Lesmes, Global Head of Blockchain Banking Practice at everis.

At Adhara we are committed to building the best tools to help large financial institutions manage and optimise their liquidity operations and their international payments processes in the future of tokenised money. We are very excited to partner with everis, given their significant market presence in Europe, Latin America and Asia, with leading banks and financial institutions. everis also brings a wealth of experience in production deployments of cutting edge, innovative solutions, like the ones we are building at Adhara”, says Julio Faura, CEO of Adhara.

With this alliance, everis demonstrates its ongoing commitment to offering its clients advanced business solutions - providing them with the best access to first level international start-ups.