Clearing Technology
ICE Clear Singapore's primary clearing systems currently consist of the following integrated systems:
- Post-Trade Management System (PTMS)
Allows trade review, assignment, updating of trade details, next-day corrections, position transfers and average-price trade processing. - Allocation and Claim Transaction System (ACT)
Provides functions for creating, updating, deleting, accepting, challenging, rejecting and splitting allocations. - Extensible Clearing System (ECS)
Provides functionality for position maintenance (including close-outs), options exercise and delivery, in addition to cash and collateral management. - Managed File Transfer System (MFT)
Provides access to all clearing reports and data files. (formerly AFTS) - SWIFT
ICE communicates with its payment banks by using the SWIFT communications network and standard form payment messages, which facilitates a high degree of straight-through-processing to the payment bank providers.