About us
Products
CLS helps clients navigate the changing FX marketplace – reducing risk and creating efficiencies. Our extensive network and deep market intelligence enable CLS specialists to lead the development of standardized solutions to real market problems. Our innovative, forward-looking products make the trading process faster, easier, safer and more cost-effective – empowering our clients’ success.
- Settlement
  - CLSSettlement
    Mitigate settlement risk for your FX trades while benefiting from operational efficiencies, in addition to best-in-class netting and liquidity management.
  - CLSNow
    Optimize the use of available liquidity in the same-day market while mitigating settlement risk through CLSNow - a bilateral same-day payment-versus-payment gross settlement.
  - Cross currency swaps
    Mitigate FX settlement risk, improve operational efficiencies and reduce your liquidity and payment demand for cross currency swap trades using our world-leading settlement service.
  - CLSSameday
    Reduce settlement risk for same-day FX trades that are currently traded after CLS’s cut-off times through our additional settlement session.
  - OTC derivatives
    Mitigate the most significant risk in FX – settlement risk – while creating operational efficiencies and best-in-class netting and liquidity management.
  - CLSClearedFX
    Reduce settlement risk for same-day FX trades that are currently traded after CLS’s cut-off times through our additional settlement session.
  CLS is the world leader in FX settlement solutions. Our settlement services empower client success by reducing risk, improving efficiency and increasing liquidity.
  
  CLS is the world leader in FX settlement solutions. Our settlement services empower client success by reducing risk, improving efficiency and increasing liquidity.
- Processing
  - CLSNet
    Our bilateral payment netting solution, built on a distributed ledger technology (DLT) platform, allows you to drive operational process efficiencies, such as optimizing intraday liquidity, enabling real-time awareness of currency and counterparty exposures, and reducing risk.
  - Compression
    Manage your gross notional exposures, optimize your capital usage and mitigate your counterparty credit risk using our award-winning FX compression service.
  Our processing solutions bring innovative standardization to post-trade processes, delivering the efficiencies clients need to compete in the FX market.
  
  Our processing solutions bring innovative standardization to post-trade processes, delivering the efficiencies clients need to compete in the FX market.
- Data
  - CLSMarketData
    CLSMarketData is a comprehensive suite of data products designed to provide quality insight and analytics both in real-time and historical for financial efficiency, visibility and control. All our data is transaction based, platform agnostic, and dynamic. By sharing our knowledge and partnering with clients, we offer bespoke FX analysis and insights for market and in-country research.
  - CLSTradeMonitor
    An innovative post-trade monitoring and reporting tool designed for asset managers, funds, banks, non-bank financial institutions and multinational corporations to efficiently manage executed FX trades through timely, consolidated reporting across all your custodian banks.
  - CLSReporting
    Support your MiFID II and other regulatory transaction reporting obligations
  Turn data challenges into actionable insights. Our data solutions empower clients' growth, enabling improved trading strategies, smarter business decisions and better FX risk management.
  
  Turn data challenges into actionable insights. Our data solutions empower clients' growth, enabling improved trading strategies, smarter business decisions and better FX risk management.
Communities
News & Insights

Regulatory affairs

CLS proactively engages with regulators, governmental bodies, industry groups, and market participants to monitor and assess the potential impact of external developments on CLS’s mission to mitigate systemic risk.

Our dedicated team of regulatory affairs professionals:

Co-ordinates CLS’s responses to relevant regulatory developments
Manages and maintains CLS’s relationship with the CLS Oversight Committee and other regulatory authorities
Actively supports and periodically validates CLS’s compliance with applicable regulatory principles (PFMI).

Regulatory responses

CLS's responses to regulators and governmental bodies on industry issues.

Oversight Committee

A co-operative oversight arrangement established by the central banks whose currencies are settled in the CLS system, or…

CLS publishes its Principles for Financial Market Infrastructures (PFMI) Disclosure Framework.

FinTech/DLT developments

The regulatory landscape around the use of FinTech – such as distributed ledger technology (DLT) or blockchain – is nasc…

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Currencies

Locations

Settlement members

We simultaneously settle the matched payment instructions for currency trades in the 18 CLS-eligible currencies between counterparties across the globe.

In order to support our clients effectively, we have offices in some of the world’s largest financial centers across Europe, the Americas and Asia.

Settlement members

Our clients include over 60 of the world’s most important financial institutions and 24,000 third parties that use our services every day.