Market Infrastructure

Modernize clearing and settlement. Define net vs gross rules, share compliance utilities, and deliver finality with audit-grade receipts.

2,847 corridors analyzed today

Pain

T+1+ cycles, fragmented participant rules, manual break resolution.

Agitate

Rising volumes, cutoff misses, regulator pressure, opaque liabilities.

Solve

Policy-as-code for participation, deterministic netting, real-time receipts, and shared compliance utilities.

What you get

Participant rule engine

Eligibility, limits, maker-checker, and corridor policies.

Benefit: consistent control across venues and participants.

Netting & finality

Configurable net/gross cycles, cross-currency netting, and receipt issuance.

Benefit: fewer breaks, faster close, clear finality.

Shared compliance utilities

Sanctions/PEP/monitoring with explainability and evidence packs.

Benefit: lower cost per transaction and cleaner audits.

Connectivity

Adapters to rails, custodian/banks, CCP/CSD, ISO 20022.

Benefit: faster integration without one-off plumbing.

How it works

1

Onboard

Register participants, instruments, corridors, and controls

2

Validate

Enforce eligibility, limits, and compliance gates per rulebook

3

Net/Settle

Run netting cycles or gross flows; apply FX; post ledger entries

4

Attest

Emit finality receipts and regulator timelines; stream to data warehouse

What you can configure

Rulebooks

participation, limits, haircuts, liquidity, cutoffs

Cycles

intraday/batch windows, exception windows, retry policy

FX & custody

provider priority, accounts, auto-sweeps, custody posting

Evidence

receipt templates, audit exports, regulator packs

Integrations & coverage

Rails/custody: RTGS/RTP, local wires, CCP/CSD, custodians

Standards: ISO 20022 messages, SWIFT statements, SFTP files

Compliance: sanctions/PEP/monitoring utilities, casework

Artifacts & events: rulebook_version_published, net_cycle_started, net_cycle_finalized, finality_receipt_emitted, case_exported

Outcomes

↓ T+1 to minutes
Cycle time
Breaks
↓ weeks to hours
Audit prep time
Clear
Finality

For whom

Exchanges
CSDs/CCPs
Payment networks
Market operators
Central banks

Demo workflow

Define a participant set and rulebook, run a net cycle with FX, and download finality receipts and a regulator-ready timeline.

Upload batch

Test with your sample data

Call APIs

3-step integration demo

Get receipts

Finality + reconciliation

Common questions

Finality you can prove

Run a rulebook, net a cycle, and export receipts and audit evidence.