CLS wins “The World's Best Post-Trade Service Provider" at Euromoney's Capital Markets Awards 2025
CLS has been named “The World's Best Post-Trade Service Provider” at Euromoney’s Capital Markets Awards 2025.
The award recognizes the continued growth of CLSNet, as well as CLS’s successful mitigation of FX settlement and operational risk, outreach and significant contribution to research around the potential impact of T+1 on the FX market, and contribution to and support for the updated FX Global Code.
Testament to CLS’s success is the significant momentum around CLSNet, highlighting the critical role of the service. For example, CLSNet has seen a significant rise in adoption over the past year, with the service recording an average daily netted value of USD169 billion in the first half of 2025, up 18% compared to the same period last year. Committed to the CLSNet community are ten of the top 12 global banks alongside a growing roster of regional banks, funds, corporates and non-bank financial institutions.
“We’re proud to be a consistent mainstay at the heart of the FX industry”
“It’s always an honor to be recognized as a top provider by a publication of Euromoney’s stature,” said Lisa Danino-Lewis, Chief Growth Officer of the win. “Our outreach around T+1 and support of key regulatory initiatives like the FX Global Code update have been key for us over the past year, and we’ve been delighted to see the market respond so positively with increased adoption of CLSNet.”
“The needs of the FX market are dynamic and constantly evolving, and our pivotal role within it cannot be understated. Testament to this is another year of being recognized as a top provider to the FX industry. In a rapidly evolving market landscape, we’re proud to be a consistent mainstay at the heart of the FX industry,” added Chief Executive Officer, Marc Bayle de Jessé.