Settlement Exchange System
Montran’s Settlement Exchange System enables banks to act as Settlement Bankers, delivering seamless, compliant fund settlement operations across multiple trading platforms.
How It Works
Montran’s Settlement Exchange System (SES) is a single platform for secure settlement banking across stock and commodity exchanges. It provides a centralized clearing and settlement infrastructure that supports secure fund flows between banks, exchanges, and market participants.
Designed to ease day-to-day operational challenges, the solution improves efficiency through bulk payment processing, strong authorization controls, and integrated settlement workflows.
SES also streamlines intraday liquidity management by automating asset evaluation and overdraft limit calculation, ensuring faster access to approved settlement funds.
Functional Coverage
Liquidity & Overdraft Facility Support
Automates overdraft execution and intraday liquidity controls.
Intuitive Branch 
Interface
Secure network-based access for upload and enquiry.
Dedicated Settlement Adapter via INFINET
Processes IFN fund settlement messages via a dedicated adaptor.
Multi-Level Master 
Data Management
Supports exchanges, segments, clients, and account hierarchies.
Platform 
Capabilities
Montran’s SES connects banks to multiple stock and commodity exchanges and supports Straight Through Processing for pay-in and pay-out settlements. It offers standing order management, maker-checker controls, lien and balance handling, and end-of-day sweeping. The platform also validates and enriches exchange files, produces settlement reports, manages acknowledgements, and supports host-to-host integrations.
FAQs
01
What is Montran’s Settlement Exchange System (SES)?
Montran’s Settlement Exchange System (SES) is an end-to-end interface between stock exchanges and participants’ core banking systems, enabling time-bound settlement of funds in capital markets.
02
How does SES support settlement processing?
SES facilitates Straight-Through Processing (STP), executes standing instructions, manages lien marking and unmarking, and ensures accurate, timely settlement of obligations.
03
Does SES provide real-time visibility into balances?
Yes. SES supports real-time balance inquiry, enabling participants to monitor settlement positions with transparency and control.
04
Is SES compatible with multiple exchange formats?
Yes. SES supports legacy and exchange-specific formats and facilitates STP with exchanges such as NSE via secure messaging frameworks.
Why Stand-in
Limit Management
SLM helps banks support emerging payment technologies, meet evolving regulatory requirements, and improve overall operational resilience. By offloading high-volume processing from the Core Banking System, it enhances speed, stability, and security while remaining configurable and remotely deployable without onsite resources.
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