NetClear automates the management of Central Clearing Counterparty, (CCP) trades with an end to end business flow between exchanges/Multilateral Trading Facilities (MTFs) – CCPs/General Clearing Members (GCMs). By using NetClear to manage CCP trades, a market participant can reduce clearing and settlement operations, as well as the operational risk.
For a Non-Clearing Member (NCM), NetClear can be used to reconcile marketplace trades and the GCM net settlement instructions. The same process is used to integrate between a NCM and their GCM. With NetClear you can minimize your investments, simplify and streamline the process of adapting and maintaining your in-house systems.