Reduce counterparty settlement risk Extend FX netting and PvP settlement Across all currencies and counterparties

Settling $billions everyday

Take control of post-trade with unfettered access to automated FX payment netting integrated with PvP settlement

BENEFITS:

Access the ability to safely settle cross-border payments via PvP across all currencies, with all counterparties and complete the settlement process in minutes.

Improve intraday liquidity

Lower intraday liquidity usage, more effectively manage nostro accounts, reduce overdraft fees and the need for credit facilities.

Flexible and completely configurable, automated bilateral FX payment netting, on a currency pair basis, that's fully integrated with on-demand PvP settlement.

CPMI publishes consultative report on facilitating increased adoption of PvP

Interested parties were invited to share potential approaches to increase PvP adoption. The report cites 11 submissions that provided solutions: of which Baton’s Core-FX™ is the only live solution.

With Core-FX you can:

  • Eliminate Herstatt risk – extend PvP across all currencies and counterparties
  • Choose if, how and when you net with flexible, configurable payment netting
  • Settle on-demand and immediately multiple times intraday – without pre-funding 
  • Align settlement timeframes with liquidity events, for more effective use of funds
  • Reduce 24hr settlement processes to a matter of minutes and release available liquidity
  • Eradicate time-consuming reconciliation processes with DLT’s single source of truth
  • Improve intraday liquidity usage with full nostro account transparency

All without the need to immediately replace post trade legacy systems, processes or communication rails

Watch Core-FX in action

Best Settlement Initiative 2022

Baton Systems wins “Best Settlement Initiative” for the second year running at the FX-Markets e-FX Awards 2022

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Latest News:


Baton Systems’ technology powers the world’s first interbank riskless settlement outside of CLS

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Wells Fargo and HSBC establish bilateral agreement to settle FX transactions through a blockchain-based solution

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Using technology to overcome the operational challenges of FX settlement netting

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The potential of DLT for capital market firms keen to overcome post-trade challenges

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Sell-Side Technology Awards Winner 2022

Baton Systems’ Distributed Ledger Technology (DLT) wins award at the Sell-Side Technology Awards 2022

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Want to learn more about using DLT for forex netting and PvP settlement?


See Baton Core-FX™ in Action - Book a Demo with our team Today!