Post Trade Processing and Trade Settlement Solution

Settlement Center

When efficient post-trade processing within a single solution is important, we have your trade settlement needs covered.

Request details

By submitting this form, you agree to your personal data being shared within the London Stock Exchange Group of companies (LSEG) for the purpose of receiving communications via post, phone and electronic means from LSEG about event, resources, products, and/or services.

For more information on how LSEG uses your data, see our Privacy Statement. You can adjust your preferences at any time through the preference link in any electronic communication that you receive from us.
  1. Overview
  2. Features and benefits
  3. Product in action
  4. Our solutions
Request details

Why choose Settlement Center?

You can automate middle and back office trade processing by exchanging SWIFT confirmation messages, CLS Settlement, trade matching, settlement instruction management, trade-netting, third-party notifications, trade receipt splitting, direct clearing at ForexClear and more with Settlement Center. Connect to over 100+ of the largest banks, liquidity providers, global custodians, correspondent banks and prime brokers.

Useful Links

Features and benefits

What you get with Settlement Center

Minimised operational and counterparty risk

Manage confirmation processes, monitor exceptions and identify the best settlement path, as well as enriching trades using our SSI database.

Confidence in monitoring notifications

Monitor real-time transmission, observe audit trails and drill down for complete SWIFT message details, and review process performance.

Build trust with control and compliance

Achieve compliance with corporate governance, accounting regulations and FX guidelines with easy-to-use best practice.

Product in action

See Settlement Center in action

Post-trade efficiency within a single solution

Infographic explaining a buy-side client trading with a liquidity provider and Settlement Center's post-trade processing in six steps: 1. Trade execution occurs 2. Trades are uploaded via FTP or imported to Settlement Center GUI 3. The liquidity provider and Settlement Center exchange SWIFT confirmation messages. 4a. Settlement Center sends SWIFT FX trade and net payment instructions on the client’s behalf to the bank (optional). 4b. Settlement Center sends copies of messages to interested parties on the client’s behalf (optional). 5. The GUI is used to monitor trades and approve. 6. FTP updates are sent to the client’s TMS/OMS (optional).

Settlement Center’s automated post-trade processing begins with an executed trade and then facilitates processing between the customer, liquidity provider and other interested parties. The Settlement Center GUI allows for ‘real-time’ monitoring and performing actions such as netting trades or splitting payments.

Reduce risk and increase efficiency through clearing

Infographic explaining how Settlement Center reduces risk and increases efficiency through its connectivity with FXall and LCH in 6 steps: 1. Trade execution occurs. 2a. Trade notification is sent to Settlement Center. 3. The client trade is sent from Settlement Center to IHS Markit. 4. Submissions and updates are sent between IHS Markit and LCH. 5. Status updates are sent between Settlement Center, IHS Markit, LCH, and the liquidity provider. 6. Status updates are sent from the buy-side to Settlement Center.

Connectivity to LCH ForexClear through Settlement Center gives traders the flexibility to determine which trades get cleared on a post-trade basis. This cleared workflow benefits customers through counterparty risk reduction, margin efficiencies, operational risk reduction and provides capital-efficiency opportunities.

Our solutions

Related products

FXall

FXall is the flexible electronic trading platform that delivers choice, agility, efficiency and confidence that traders want across liquidity access to straight-through processing. Trading spot, forwards, swaps, NDFs and options is only a click away.

Learn more

Deal Tracker

Deal Tracker offers a suite of tools for monitoring and processing every FX trade on all major foreign exchange platforms around the world, from front to back office. Take control of your conversational deals, confirmed tickets, and post-trade notifications, before, during, and after.

Learn more

Trade Notification

Trade Notification is open to all trading, clearing, and settlement customers, offering a reporting tool that connects you with counterparties globally. Industry-wide standards cover all major message formats and every key instrument – from FX and commodities, spots, and derivatives, to loans, futures and swaps.

Learn more

Request details

Submit your details and one of our experts will be in touch to start the conversation.

Help & Support

Already a customer?

Get help through MyAccount
external

Office locations

Contact LSEG near you

Find your nearest LSEG office

Find out more

Further information about LSEG

Get in touch

If you’d like to know more about how we can help you, please get in touch.

Contact LSEG

LSEG Careers

Create lasting opportunities and fulfil your potential.

Find a role

About LSEG

Discover more about LSEG, our history, and what we do.

About LSEG