Cross-Custodian
Net Settlement
by Bosonic
Trade anything, anywhere with anyone.
Imagine a financial world where you can trade and settle assets seamlessly, regardless of which custodian your counterparty uses. With Cross-Custodian Net Settlement (CCNS), this vision becomes reality. CCNS eliminates the limitations of traditional settlement systems, enabling efficient and risk-free transactions across any custodian.
Why CCNS?
Current settlement processes are fragmented and inefficient, often involving pre-funding exchanges, delayed settlements, and counterparty risk. CCNS solves these problems.
Compare Traditional Challenges with Bosonic’s Solutions
Inefficient Capital Allocation
Traditional settlement often requires pre-funding individual exchanges, tying up capital and limiting trading opportunities.
Eliminating pre-funding
Trade freely without the need to tie up capital in individual exchanges beforehand, maximizing your available liquidity and investment opportunities.
Delayed Netting
Trades are settled individually, leading to slow and fragmented processes with unnecessary delays.
Enabling real-time netting
Offset positions across different exchanges to achieve net-zero settlement instantly.
Counterparty Risk
Trusting counterparties for settlement exposes participants to potential defaults and losses.
Removing counterparty risk
Trade directly with any counterparty, regardless of their custodian, with atomic exchange technology.
Benefits of Cross-Custodian Net Settlement (CCNS)
Automated Net Settlement
Automatically calculates and settles all cross-custodian trades and payments on Layer 2 for instant completion.
Risk-Free Atomic Exchange
Exchange net settlement amounts between custodians instantly and without counterparty risk.
Layer-2 Efficiency
Leverage the speed and cost-effectiveness of Layer 2 blockchain technology for netted quantity settlements.
Seamless JPMCoin Movement
Transfer JPMCoin between custodians programmatically through Layer-1 smart contracts.
The Future of Financial Settlements
Bosonic's CCNS empowers a truly interconnected financial ecosystem, fostering seamless trading, payments, and innovation across the industry.