Partior and Finteum Pilot Real-Time Intraday FX Swap Settlement

Banks can now settle intraday FX swaps in real time, 24 hours a day, after Partior linked its digital settlement network with Finteum’s marketplace using Adhara’s integration technology.

In a recent proof-of-concept, the three firms showed how trades negotiated on Finteum’s platform could be automatically settled using Partior’s network.

This delivered settlement-risk-free intraday liquidity management, with Adhara’s DC Commander integration technology handling treasury operations and connectivity.

Finteum’s platform enables banks to exchange excess cash for the currency liquidity they need for specific time periods, improving how they manage liquidity buffers and use capital.

Partior provides a digital cash settlement network with global banks, offering 24/7 Payment versus Payment FX settlement across a growing number of currencies.

Adhara acts as the integration layer between bank systems and the two platforms, enabling real-time automated settlement.

“The Finteum team is delighted to have successfully completed this proof-of-concept project, which creates an alternative to our current non-PvP settlement of intraday FX swap trades, across banks’ existing access to real-time gross settlement systems and nostros.

Banks that are focused on the future state of balance sheet and liquidity management are prioritising real-time digital PvP settlement solutions.”

said Brian Nolan, Co founder and CEO, Finteum.

“Our collaboration with Finteum and Adhara isn’t just a proof of concept; it’s a demonstration of how Partior’s network enables banks to tap into new market opportunities, such as intraday FX swaps, with the security and finality they need.

This is about giving banks the tools to stay agile, reduce risk, and thrive in an increasingly fast-paced financial landscape.”

said Humphrey Valenbreder, Chief Executive Officer, Partior.

The firms said the joint approach addresses the need for better liquidity management tools as banks face pressure to optimise global liquidity and meet intraday buffer requirements.

Featured image: Edited by Fintech News Singapore, based on image by thanyakij-12 via Freepik