SETL

SETL Development Limited is a London-based company that operates a blockchain technology platform designed for financial settlement and payments. Its OpenCSD platform supports various implementations, including mutual funds, cross-border multicurrency transactions, private equity, and commercial invoices. The platform enables market participants to conduct direct transactions involving cash and assets, facilitating immediate and final settlement of market activities. It features a permissioned distributed ledger that simplifies the processes of matching, settlement, custody, registration, and transaction reporting. The platform also includes tools for managing membership interactions, built-in payments, liquidity, repos, and collateral functions, and it provides secure messaging for essential information exchange during the clearing and settlement process. SETL offers multiple subscription options tailored to both private and cooperative solutions. Founded in 2015, the company aims to enhance efficiency, reduce operating costs, and lower risks associated with financial transactions.