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.

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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:

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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.