Multi currency clearing

1 review

Lorum provides multi-currency clearing infrastructure for regulated platforms and financial institutions operating across multiple markets. The product connects directly to major and local payment rails, allowing institutions to clear and settle funds without building local entities or maintaining fragmented correspondent banking relationships. Through a single API and ledger, clients run operational and client-money account structures across currencies, with regulated, segregated accounts and virtual IBANs issued in the end customer’s name where supported. This enables predictable settlement finality, improved fund security, and clearer ownership of balances across jurisdictions.

Lorum

0 reviews

Lorum gives regulated platforms and financial institutions a single way to clear and settle funds across currencies and markets. Its multi-currency clearing infrastructure connects directly to major and local payment rails, removing the need to establish local entities or manage a fragmented network of correspondent banking relationships. A single API and ledger bring operational and client-money account structures together across currencies. Clients can use regulated, segregated accounts and, where supported, virtual IBANs issued in the end customer’s name. The result is clearer ownership of balances across jurisdictions, improved fund security, and predictable settlement finality.