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Continuous Linked Settlement

Continuous Linked Settlement

Source: Logica

Credit Suisse applied Logica's CLS Manager to handle rising FX settlement volumes.

At the time of its inception in 2002, CLS enabled settlement between the world’s then seven largest currencies. Today it deals with 17. So, as well as providing new capabilities, Credit Suisse needed a solution to support future expansion.

The bank deployed Logica's CLS Manager (LCM) product to tightly integrate the IT environment, applications and financial messaging systems at its headquarters in Zurich, Switzerland.

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