Syn~Clear

Syn~Clear is a market infrastructure system supporting clearing houses, Exchanges, Central Securities Depositories (CSDs) and global custodians.

Where dynamic future market changes are the norm, the challenge is to adapt IT systems rapidly without incurring high software development costs and manage the entire post-trade market infrastructure economically.

Whether receiving trades from one or more exchanges or directly from member firms the goals to respond quickly to future market changes at minimum software development delay and cost, handle complexity with flexibility and reduced risk, are met with Syn~Clear.

Syn~Clear provides functionality for clearing and risk management, settlement, depository and registry management for an entire market. It can receive trade flow directly from one or more exchanges or directly from member firms and manage the entire post-trade market infrastructure with great efficiency.

Syn~Clear provides a highly scalable, flexible, rules-based system to enable the above services for both cash and derivative products. A browser-based multi-language front-end for both members and internal clearing house and CSD staff supports languages such as French, Arabic, Farsi and English. User in-trays and queries are integrated within this front-end, allowing the configuration of complete operational and member-firm portals.

Syn~Clear provides flexibility and user control:

• User management and real-time workflow
• Settlement intervals
• Ownership transfer date
• Multi-asset processing including cash and derivatives
• Automatic borrow/lend support
• Flexible short-selling controls
• Central counterparty operation and management of risk
• Tightly coupled integration with exchange system

More information on Syn~Clear