Clearing House System (Syn~Clear)
Syn~Clear is a highly scalable flexible, mult-product rules-based solution for clearing houses and Central Securities Depositories (CSDs) for the entire life cycle of clearing and risk management, settlement, depository and registry management for a whole market
Syn~Clear receives trade flow directly from one or more exchanges or directly from member firms and manages the entire post-trade market infrastructure.
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FEATURES
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Full functionality
- Transaction capture, trade enrichment, novation, collateral management, settlement (DVP1, DVP2, DVP3), fails management, depository management, member firm billing, registry management, corporate actions, issuer support, ledger postings
- User management and real-time workflow
- Borrow/lend support and margin calculations
- Short-selling controls
- Novation to a Central Counterparty (CCP) configured by individual instrument and member firm
- Full reporting for investors, CSD staff, brokers, custodians, issuers, registrars, exchanges, central banks
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Multi-asset
- Supports Equities, Warrants, Rights, Fixed income, Commodities and Futures
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Multi-language
- Multi-language supports English, Chinese, Arabic, Farsi, etc.
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Full functionality
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BENEFITS
- Easily configurable to market-specific requirements
- Fast adaptability to future market change
- Easy set-up and operation of member-firm portals
- Efficiency, reduced risk, unprecedented flexibility and user control
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USERS
- Exchanges, clearing houses and CSDs
- SEE ALSO


