Unlock capital and eliminate herstatt risk with 24/7 atomic FX PvP Settlement. Guarantees settlement finality and frees up millions in pre-funding capital.
FX settlement is the largest source of systemic risk and trapped capital in wholesale finance. The market involves US$9.5 trillion in daily turnover, with US$2.2 trillion potentially exposed to settlement risk. Partior transforms this reality.
By leveraging blockchain technology, we provide a definitive mechanism for Payment versus Payment (PvP) settlement that is guaranteed, immediate, and operational around the clock. This makes your FX settlement function faster, less risky, and more capital-efficient.
1. https://www.bis.org/statistics/rpfx25_fx_annex.pdf
2. https://www.bis.org/statistics/rpfx22_fx_annex.pdf
Achieve instant availability of funds, allowing you to settle and get delivery of currencies 24/7. This capability allows institutions to optimize liquidity and reduce pre-funding costs.
Atomic PvP settlement ensures simultaneous, irrevocable exchange of currency legs, eliminating settlement risk for all FX trades, including complex same-day trades.
By eliminating settlement risk, Partior enables banks to reduce counterparty settlement limits, leading to increased business opportunities with both large and small counterparties.
Settlement risk remains high for Emerging Market currency trades. Partior is onboarding both Advanced Economy (AE) and EMDE currencies to enable PvP and effectively eliminate settlement risk.
Innovation at the ready. The platform’s programmable nature supports the creation of next-generation instruments like Intraday FX Swaps, allowing banks to dynamically manage liquidity for hours or even minutes.
Leveraging the unified ledger eliminates post-settlement discrepancies, which reduces operational cost and increases overall efficiency.
Partior's infrastructure is purpose-built to interoperate with Central Bank Digital Currencies (CBDCs), putting your institution at the frontier of financial technology.
Partior FX Settlement is an institutional platform dedicated to providing atomic finality for post-trade FX PvP settlements. Instead of relying on traditional, inflexible settlement cycles, Partior uses its advanced ledger to ensure the two currency legs of an FX trade are exchanged atomically (simultaneously) and recorded immediately. This eliminates Herstatt risk in real-time.
No. Partior operates on a global private permissioned ledger. This architecture ensures that only authorised financial institutions have access to the network, providing the necessary security, governance, and regulatory compliance required for wholesale settlement.
Yes. Partior is designed as a settlement layer built for efficient interoperability. Our infrastructure connects seamlessly with your existing core banking and transaction processing systems.
No. Traditional FX settlement is bound by specific cut-off times and correspondent bank operating hours. Partior FX Settlement is 24/7 Always-On. This continuous availability means settlement finality can be achieved around the clock, allowing your institution to maximise market access and continuous liquidity management.
The core of our platform is Atomic Payment versus Payment (PvP) settlement. This mechanism guarantees that both currency legs of an FX trade are exchanged irrevocably and simultaneously. This eliminates the possibility of one side failing to deliver, thereby removing counterparty risk and ensuring absolute settlement finality.