The system works.
Incentives don’t.
Global clearing works for the institutions it was built around. But lending rewards holding balances; clearing rewards moving them.
As the largest correspondents withdraw from the mid-market, institutions fall into longer chains of lending banks: more operational dependencies and trapped capital.
- Primary clearing rail
- Global correspondent
- Regional or intermediary bank
- Client institution
- Local or primary rail
- Client institution
One correspondent relationship
to clear, hold and put funds to work
Clear in local markets without a local entity
Access local clearing rails directly and clear globally
in USD, EUR, GBP and AED through one integration.
Open named accounts for your customers
Provision operational and client money accounts
in major and local currencies via API.
Convert, sweep and
optimize every balance
Manage wholesale FX, automate liquidity sweeps
and earn yield on idle balances with real-time visibility.
Major currencies.
Local rails. One integration.
USDACHFedwire
EURSEPASEPA Instant
GBPFaster PaymentsCHAPS
AEDFTSIPP
Infrastructure for institutions
that hold and manage client money
Banks
Clearing, named custody and treasury from one relationship.
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Fintechs and PSPs
Accounts, payments and treasury for products that move money.
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Digital asset platforms
Regulated fiat accounts and rails for digital asset businesses.
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Payroll and EOR
Collect, convert and pay salaries in every market you run.
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