Meet Baton at FIA Expo 2026
November 2–4
See, check and move collateral in real time
Baton provides a real-time view of balances and margin across CCPs, custodians and nostro accounts, enriched with comprehensive eligibility information for optimization and movement validation.
- 8 weeksto key account connectivity and visibility at an independent clearing firm
- 5 of the top 10FCMs by total funds held use Baton’s Core-Collateral
- 96%of global initial margin covered by direct two-way CCP connectivity
Baton for global banks
Less collateral being under‑utilised, more at work
Global banks with complex collateral inventories face a challenge around information and process. But the opportunity is huge. Start with one capability, or run the full pipeline from balances to eligibility to execution, without re-platforming.
Replace a fragmented view of collateral across CCPs, custodians and nostro accounts with one real-time, consolidated dashboard, built on direct connectivity to each venue. Use normalized eligibility, haircuts, limits and fees automatically across every connected CCP to support your optimization process.
That means you can:
- Run a safe business even in times of volatility, without committing more collateral than required
- Automate eligibility checking and collateral allocation through a configurable, no-code rules engine
- Instruct bulk pledges and recalls across CCPs, custodians and nostro accounts
- Generate regulatory and CCP reporting as a by-product of the same normalised data
- Apply your own AI models and agents directly to collateral, balance and eligibility data
- Free up time spent firefighting collateral delays to focus on the initiatives that drive growth
Baton for FCMs and clearing members
See every balance and margin obligation in one consolidated view
Baton connects, in real-time, to all of the locations where you hold assets, so you manage your collateral efficiently through a single platform. Go live in weeks, without a treasury transformation programme.
Balances and margin information is consumed via SWIFT, API and from individual portals, all on different schedules and in a variety of formats. Baton transforms this data into a consolidated single point of access, filterable across all business dimensions, alongside the full CCP margin picture: initial and variation margin, collateral on deposit, and excess or deficit. Giving you the comfort that the funds don’t just exist, but that you have the ability to ensure that they are being used in the best possible way.
That means you can:
- Protect your firm from a liquidity shortfall without defaulting to a larger buffer
- Put idle cash to work, rather than leaving it in a low-yield location
- Access forward-looking and historical dashboards on demand
- Remove the delay of assembling and reconciling balances by hand when a margin call lands
- Manage growing complexity across more exchanges, currencies and legal entities as you scale
- Partner with a team already trusted by Tier 1 banks and clearing members
Meet the team
Know what you hold
Act on it in real time
Faster, always-on markets reward firms that know what they hold and can act on it immediately. Baton already makes that possible, on infrastructure that’s live in production, not in a pilot. Whether you run clearing at a global bank or finance at an FCM, bring your priority to our team and we’ll map out the next step together.
Meet us at Booth 224