Decentralised clearing

Ever since the financial crisis, regulators have been pushing central clearing to remove counterparty risk and reduce systemic risk. However, as a higher proportion of swaps is cleared through CCPs, clearing houses are concentrating risk on their own balance sheet. Synswap disrupts this central clearing model and uses blockchain technology to disintermediate CCPs. Decentralised clearing […]

Streamlined workflow

Today’s post-trade workflow of OTC derivatives swaps is highly fragmented, with siloed systems and third-party service providers handling each step of the process. Synswap is a single platform for cleared and non-cleared swaps, designed to streamline the entire post-trade process. Key features include automatic matching, confirmation, collateral management, netting, compression and recordkeeping. ​ Leveraging blockchain […]