Reaching a market you cannot settle in has always cost you something: your capital, your custody, your client, or your certainty about what happens next. Every benefit below arrives without one of those trades. Your book, your custody and your name stay exactly where they are.
Talk to us about a pilot →Reach has always been the reason a client leaves. When the market they want is one you cannot settle in, the relationship follows the settlement, and the only way to keep it has been to be the only place they can go. The wall is what moves here, not the client.
Your book, your custody and your name.
Nothing is handed over and nothing is re-papered. The client settles in your product, on your screens, under your terms.
Every membership and every rail you already run.
No new venue to join, nothing to onboard, and no system uplift to reach any of the books you could not reach before.
The relationship, undivided.
Settlement stops being the reason a client goes elsewhere and becomes something you sell them, so the flow that used to leave settles under your own name.
Your client chooses the venue, the network and the terms. One who wants a different venue, a different network or a different currency has paid for the preference somewhere: in cash parked ahead of the trade, in a wait between the two halves of it, or in leaving the custodian they chose. None of those is the price of a choice any more.
The custodian they already chose.
Assets stay in the vault holding them, for the whole life of the trade, under the protections that vault provides.
The venue and the network they prefer.
Every leg settles natively on the book it already lives on. Nothing is wrapped, bridged or re-issued to make a preference reachable.
Their own terms.
Eligibility, jurisdiction and screening are evaluated before anything commits, so the terms they agreed are the terms that settle.
A position is worth what it can be delivered against. Today it is held wherever it is held, and a book that cannot reach the trade might as well not hold it, so the same exposure is carried twice or the eligible asset is substituted for the merely deliverable one. One pool becomes deliverable everywhere your clients reach, which means it is worth what it is worth rather than what it can get to. Nothing changes custodian to make that true, so nothing sits outside the protections your risk committee approved.
Cash positioned on a venue so that a trade can settle there is cash doing nothing else, and it is positioned again for every venue you need to reach in every currency you trade. That stops being an occasional cost and becomes a permanent line on the balance sheet, alongside the funding the duplicate position was quietly carrying. Both come back, and both go to work.
One instruction rather than a sequence, one movement rather than a chain of them, and one record that every desk, every venue and every reviewer reads identically. No leg moves ahead of another, so the exposure that opens when one side goes first never opens at all, and no hand in the middle takes a slice on the way. Your policy runs before anything commits rather than being discovered afterwards, there is no second version to reconcile against, and a long trade costs what a short one costs, because the open, the close and everything between run through the same instruction.
Discover how secure settlement expands your addressable market, drives growth and client retention, and brings agency back to you and your clients. Bring a settlement your desk runs today and we will walk it through.