NETS Securities Settlement System

A full-fledged settlement system for dematerialized securities

NETS Securities Settlement System (SSS) enables the electronic transmission and record of confirmed securities trades between banks as well as confirmed trades between banks and the Central Bank. A web-based solution, NETS Securities Settlement System can be configured to meet virtually any operating requirement. 

Why choose NETS Securities Settlement System for your business

Integrates seamlessly with real-time gross settlement (RTGS) systems
Integrates seamlessly with real-time gross settlement (RTGS) systems
In line with international standards and best practice, NETS Securities Settlement System can be integrated with RTGS systems such as NETS RTGS to provide Delivery-vs-Payment capabilities.
Enables automatic intraday finality and intraday liquidity extension
Enables automatic intraday finality and intraday liquidity extension
NETS Securities Settlement System performs automatic checking and transfer of securities to provide intraday finality in the settlement of such securities trades. In addition, NETS Securities Settlement enables automatic intraday liquidity extension mechanism through the use of collateralised credit and integration with RTGS.
Compatible with both SWIFT and proprietary networks
Compatible with both SWIFT and proprietary networks
On the SWIFT network, NETS Securities Settlement System uses the SWIFTNet messaging services comprising FIN, SWIFTNet, InterAct, Browse and FileAct as the communication channel.
Supports the settlement of multi-currency securities
Supports the settlement of multi-currency securities
NETS provides a full-fledged multi-currency securities settlements system which facilitates the creation, bidding/auction, allotment, and buying/selling of securities, as well as various securities actions. NETS Securities Settlement System has been implemented in various countries such as Bahrain, Hong Kong, Indonesia, Malaysia and Singapore.