Automate asset movements across the financial system
Baton’s platform aggregates assets & liabilities of counterparties in real-time through direct integration with settlement banks, custodians, CCPs and industry hubs. The rules-based engine then interacts with the assets & liabilities to mutually agreed risk, liquidity and operating rules. This synchronises and accelerates the movements of assets, as an when needed, for any security or currency.
The Baton team are already helping some of the world’s largest financial institutions streamline movement of assets in a number of different use cases including:
- Achieving real-time FX settlement: seamlessly and accurately transfer assets between entities & geographies, in any currency, to drive more profitable funding results.
- Deploying collateral effectively: Clearing houses and their members can settle obligations on-demand. Reduce risks while automating inefficient processes and workflows.
- Synchronising commercial transactions: accelerate payments with Delivery-versus-payment & Payment-versus-payment for any type of obligation, including brokerage fees and financing.