API Console

Swagger | Microservice

Executive Summary

This Service Domain handles the final movement of cash and securities between depositories as previously confirmed in the clearing process, in order to settle a market trade

Examples of Use

A market trade that has been cleared is passed for final settlement processing

Role Definition

Market trade that have been cleared are passed for settlement as handled by this Service Domain. The clearing process will have obtained confirmation and acceptance of the trade details and ensured that cash and securities are available in the respective depository accounts. Settlement processing orchestrates the movement of cash and securities between the accounts as required to complete/settle the trade. Different settlement mechanisms can be available depending on the type of instrument and marketplace being used

Related Business Scenarios

Core Business Object

Key Features

  • Process the movement of cash between accounts
  • Process the movement of securities between accounts
  • Confirm all settlement activities have been completed as required