CLS Group is a global financial market infrastructure company central to the foreign exchange (FX) ecosystem. It operates CLSSettlement, the standard system for mitigating FX settlement risk, which supports 18 currencies. The company's core function is multilateral netting, a process that makes FX transactions safer and more cost-effective for participants.
The scale of CLS's operations is substantial. It processes trillions of dollars in currency flows daily. The system connects over 75 settlement members globally and serves approximately 38,000 indirect participants. For its clients, CLS reports an average reduction in funding requirements of over 96%.
The company maintains a global geographic presence and operates within the financial markets and foreign exchange industry verticals. Its technical domains include financial market infrastructure, FX settlement, multilateral netting, and operational security, reflecting its role in maintaining the highest standards of operational excellence and security in a critical part of the global financial system.
