Tag: FX settlement

P&L Talk Series with Baton Systems

With settlement risk very much on authorities’ agenda, Colin Lambert talks to Alex Knight, head of global sales and EMEA at Baton Systems, about the challenges facing the industry…and the solutions. Colin Lambert: Last year the BIS surprised quite a few people by highlighting the scale of settlement risk in FX markets in its Triennial […]

CLS Adds First Chinese Third Party Bank

China CITIC Bank International Limited (CNCBI) has become the first Chinese bank to access CLS Settlement as a third-party client, CLS says, adding that this addition adds to a broader growth in third-party participation throughout the region, which has seena 21% increase in the overall number of third parties (regional/third-party banks, funds, corporates and non-bank […]

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