Centre for Financial and Monetary Systems
The Centre for Financial and Monetary Systems is designing and developing a financial system that effectively allocates capital and investment in support of planet, people, and communities.
CLS Bank International operates one of the largest multi-currency cash settlement systems to mitigate settlement risk for the foreign exchange transactions of its members and their customers. It settles payment instruction for foreign exchange transactions with an average value of $5 trillion a day in 17 currencies.