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CLS Group

CLS Group is a financial market infrastructure company that mitigates FX settlement risk for global banks and institutions through its multilateral netting system.

CLS Group is a global financial market infrastructure company central to the foreign exchange (FX) ecosystem. Its primary function is the mitigation of settlement risk through multilateral netting, a critical service for the stability of the world's largest financial market.

The company's core service, CLSSettlement, is the global standard for FX settlement risk mitigation. It supports 18 currencies and processes trillions of dollars in daily currency flows. The system operates by shrinking funding requirements by over 96% on average for its clients, significantly reducing the capital needed to manage settlement exposures.

The scale of CLS's operations is substantial. It serves over 75 settlement members globally and provides indirect services to approximately 38,000 institutions. This extensive network underscores its systemic importance to the global financial infrastructure.

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