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CLS announces new innovations for the FX market

First Published 19th September 2017

New products include a same-day gross settlement service, data products, and trade monitoring and reporting tools

David Puth, CLS

David Puth, CLS

CLS Group, the provider of risk mitigation and operational services for the foreign exchange market, has announced its intent to launch a broader portfolio of products and services focusing on three business lines - settlement, processing, and data.

David Puth, CEO of CLS said: "Regulatory reform, new technology and structural change mean market dynamics and client requirements are continuously changing. "We believe we have a unique opportunity to leverage our experience and market insight to create standardized solutions to address common market challenges."