Payments Canada partnered with FNA to design and build a simulator for Lynx in order to understand the impacts of certain configurations and participant behaviours on intraday liquidity through simulated scenarios prior to the implementation of Lynx. Introduction Payments Canada owns and operates the national payments systems in Canada. The payment systems it operates […]
UK Finance quantifies potential improvements to liquidity and risk reduction in the CHAPS payment system through FNA’s payment optimization and simulation technology. Introduction The Clearing House Automated Payments System (CHAPS) is one of the largest high-value payment systems in the world, processing an average daily value of over £360 billion. Clearing participants, such […]
Fnality International partnered with FNA to help design their new payment system and quantify the benefits for their participants by means of simulation. Introduction Financial markets face unprecedented challenges. These challenges include fragmented and inefficient post-trade processes, liquidity constraints and complex and costly risk management. To address these challenges, Fnality is developing a […]
