Partior and LSEG are developing a solution to help banks manage liquidity around the clock for cross-border payments.
The Multi-Settlement Bank solution will combine Partior’s clearing and settlement network with the omnibus trust account framework provided by LSEG Digital Settlement House, known as DiSH.
It is designed to move settlement liquidity across multiple banks and currencies while reducing reliance on payment cut-off times and pre-funded nostro and vostro accounts.
The solution is intended to support payments for corporate and financial institution clients.
Participating banks would not need to establish bilateral accounts with one another or integrate with separate proprietary digital payment systems.
“LSEG DiSH provides the neutral, trusted third-party option required to connect independent payment ecosystems securely with the potential to do so at scale.
By adding our omnibus trust account option with Partior’s clearing scheme, we enable participating banks to instantly manage settlement liquidity 24/7 without the need for direct bilateral account and proprietary digital system integration.”
said Andrew Williams, CEO, Post Trade Solutions, LSEG.
Round-the-clock availability will remain subject to scheduled maintenance, repairs and emergency downtime.
“Partnering with market infrastructure like LSEG DiSH unlocks immediate, tangible value for our customers today.
By bringing a live settlement liquidity option for our bank users directly into Partior, we eliminate legacy nostro friction and offer a proven, production-ready blueprint for the rest of the global banking community to join.”
said Humphrey Valenbreder, Chief Executive Officer, Partior
J.P. Morgan’s Kinexys, Deutsche Bank and Standard Chartered are also involved in the initiative.
Partior, LSEG and the participating banks are testing the solution.
They are targeting production go-live and commercial onboarding of additional settlement banks from the first quarter of 2027.
Featured image: Edited by Fintech News Singapore, based on image by toia via Magnific
