Thursday, October 17, 2024
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MUFG: Becomes first Japanese bank to commit to CLSNet

MUFG: Becomes first Japanese bank to commit to CLSNet

  • MUFG is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history
  • CLS is a market infrastructure group delivering settlement, processing, and data solutions
  • Bank will join the expanding CLSNet community of global and regional banks
  • CLSNet has seen a substantial rise in adoption this year, with a 495% year-on-year increase
  • The centralized platform standardizes and automates post-trade matching and netting processes across the global currency spectrum
  • CLSNet offers standardization and automation through a single platform which mitigates risk

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