Payment Infrastructure
Interbank Clearing & Settlement
Infrastructure for interbank transactions — from message exchange and clearing to settlement and reconciliation.
Overview
Every interbank payment passes through a chain of message exchange, clearing and settlement. IMARA designs the infrastructure that ties these stages together reliably, with clear ownership of each transaction state.
Our clearing and settlement components can serve as the shared layer between switches, ACH and RTGS, or as stand-alone infrastructure for a clearing house or payment system operator.
Capabilities
What our Clearing & Settlement technology covers.
Interbank message exchange
Secure exchange of payment and status messages between participants.
Clearing position management
Bilateral and multilateral position calculation across sessions.
Settlement processing
Generation, submission and confirmation of settlement instructions.
Automated reconciliation
Matching of transactions, positions and settlement confirmations with exception queues.
Collateral & risk controls
Debit caps, prefunding and collateral checks to manage settlement risk.
Financial reporting
Statements, settlement reports and data exports for participants and overseers.
Related solutions
Designed to work together.
Discuss your Clearing & Settlement requirements.
Whether you are modernising a national payment system, replacing a core banking platform or launching digital services, our team is ready to discuss your requirements.