Clearing & Payment Services Pte Ltd (CAPS) is an independent global shared services centre providing straight-through processing services and solutions to the financial services industry. Our vision is to create a global centre of excellence for outsourcing of financial processes, reputed for our value added, cost effective, secure and impeccable services. The founding Shareholders of CAPS are Development Bank of Singapore (DBS), Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB).

CAPS provides a comprehensive outsourcing service for processing banks' CLS transactions. Customers can leverage off CAPS existing business and technology infrastructures and benefit from the rationalization of business processes, technology, BCP, DRP and security infrastructures. The result is that customers can significantly reduce the on-going costs of their CLS operations. Furthermore for new customers, integration to an existing operational architecture together with a proven implementation model will allow them to materially lower their CLS project costs and implementation risks.

The CAPS operation is underpinned by a number of fundamental core principles:

  • Strong Corporate Governance
  • Client Confidentiality
  • Quality
  • Security

Contact: Denis Malone, Head of Operations & Technology
Telephone: +(65) 6325 7034