- Comprehensive CLS functionality including NDF and derivatives processing
- Browser-enable delivery
- Seamless integration with legacy systems
- Scalable and reliable architecture
- Flexible and comprehensive risk management
- Comprehensive audit and security controls
PAYplus for CLS™ is an integrated solution to help your bank capitalize on the opportunities presented by the expanding CLS (Continuous Linked Settlement) system for foreign exchange (FX) settlement. PAYplus for CLS inter-operates with settlement members, user members, and third and fourth party members to provide them with a full set of integrated CLS services, including all CLS-supported FX settlement, NDFs, Options Premiums (to come), derivative settlement, internal netting and non-CLS currencies. Full support to monitor the CLS daily and projected pay-in and pay-out schedule, assess credit real time with flexible risk parameters, and automatically feed data to internal bank systems and third parties for final settlement of FX trades.
Business
- PAYplus for CLS features a non-intrusive deployment model that allows for rapid, cost-effective implementation. In addition, it provides a common system platform for both internal CLS operations and third and fourth party services with consolidated risk management and control.
- PAYplus for CLS provides the lowest cost of ownership and operation through GUI-enabled, SWIFT-enabled and direct system-to-system delivery to internal departments, branches, user members and third parties.
