Clearing System

STT’s Clearing System capability supports capital market infrastructures that need reliable clearing, settlement, risk and reporting workflows.

This overview page helps users understand STT’s clearing technology stack and choose the correct solution based on their role in the market.

For exchanges and clearing houses, STT’s MICS solution supports clearing house workflows, central counterparty and bilateral clearing, margin calculations, settlement cycles, real-time risk visibility and integration with matching engines.

For clearing members and broking houses, STT’s GCMS solution supports clearing member back-office processing, derivatives clearing workflows, accounting, reporting, integration and operational risk management.

The Clearing System page does not replace MICS or GCMS. It acts as a high-level guide that routes users to the correct product page depending on whether they need clearing house functionality or clearing member back-office functionality.