Description
As financial markets have evolved and become increasingly complex, clearing and settlement have become crucial components of the overall infrastructure that enables the smooth functioning of the global financial system.
At its core, clearing and settlement are about managing risk and ensuring the smooth transfer of assets and funds between parties. In this digital book, we will explore the intricacies of this critical process, from the mechanics of trade processing and confirmation to the management of counterparty risk to the technologies that underpin it all.
Through a combination of practical examples, case studies, and personal analysis, we will provide a comprehensive overview of clearing and settlement and offer insights into how this essential aspect of financial markets will continue to evolve in the years to come.