Today’s settlement period is three days (T+3). This timing was established when cash, checks and physical stock certificates were exchanged. During the clearing and settlement of funds from trades, billions of dollars in trapped capital reduce profit and increase risk.
Reimagining Capital Markets
The nanopay platform enables banks to instantly clear and settle trade payments. This will free trapped capital, reduce capital requirements, and decrease liquidity obligations. nanopay meets the market demand for faster payments, and allows institutional investors to capitalize on increased profits and reduced settlement risk.
nanopay provides banks and financial institutions key benefits when processing capital market payments:
- Instant payments
- Fully collateralized
- No counterparty risk
- Free trapped capital
- Lower transaction costs
- Latest in contextual data (ISO 20022)