Clearstream launches AI tool to predict settlement fails

Clearstream has launched two new data-based solutions offering insights into past, present and future of settlements: the Settlement Dashboard and the artificial intelligence (AI)-powered Settlement Prediction Tool, which will be on a trial period for clients through September.

Market participants are currently looking to further improve their settlement efficiency and liquidity with the Settlement Discipline Regime (SDR) coming into force this February as failed settlement transactions result in financial penalties, operational overheads and reputational damage.

With Clearstream’s new data solutions, clients’ operations can leverage these predictions throughout the day to gain additional validation and to take appropriate actions to prevent any potential settlement fails, thereby accelerating settlements. Interactive visualisation provides multiple views, including a view of critical markets, asset classes and counterparties. This allows clients to benchmark their settlement efficiency against their peers.

Priya Sharma, head of Data & Connectivity at Clearstream, said in a statement: “Most failed settlements happen due to lack of detailed knowledge of one’s own settlement activities. By leveraging high-quality predictive data, we provide our clients with that knowledge to be best equipped for regulatory requirements, operational excellence and settlement efficiency.”


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