ABN AMRO re-joins CLSSettlement
16 June 2025 US
Image: foxaon/stock.adobe.com
ABN AMRO has re-joined CLSSettlement as a settlement member, effective May 5.
Having been part of the first group of settlement members when CLSSettlement launched its service in 2002, the bank says the decision to re-join as a settlement member signals its commitment to reducing FX settlement risk and improving operational efficiency through payment-versus-payment (PvP) solutions.
ABN AMRO will also offer third-party access to CLSSettlement for its clients.
Jacco Keijzer, head of global markets, says: “Becoming a settlement member reflects our dedication to creating a more robust and efficient FX ecosystem, while ensuring our FX operations uphold the highest standards of operational efficiency and risk mitigation.”
Lisa Danino-Lewis, chief growth officer at CLS, adds: “We are delighted to welcome ABN AMRO as a settlement member to CLSSettlement. The bank’s decision reflects the wider benefits of CLS’s PvP settlement system.”
Having been part of the first group of settlement members when CLSSettlement launched its service in 2002, the bank says the decision to re-join as a settlement member signals its commitment to reducing FX settlement risk and improving operational efficiency through payment-versus-payment (PvP) solutions.
ABN AMRO will also offer third-party access to CLSSettlement for its clients.
Jacco Keijzer, head of global markets, says: “Becoming a settlement member reflects our dedication to creating a more robust and efficient FX ecosystem, while ensuring our FX operations uphold the highest standards of operational efficiency and risk mitigation.”
Lisa Danino-Lewis, chief growth officer at CLS, adds: “We are delighted to welcome ABN AMRO as a settlement member to CLSSettlement. The bank’s decision reflects the wider benefits of CLS’s PvP settlement system.”
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