Put your strongest capabilities to work.
Bring eligible liquidity, foreign exchange and local payment access into a wider institutional service network.
Local access can create wider value.
The best route for a customer instruction may depend on an institution that is not the originating provider: one with local scheme access, suitable liquidity or a relevant financial instrument.
SUPA Protocol is designed to help participants discover and coordinate those complementary capabilities. Providers can contribute what they do well under agreed service terms and counterparty relationships.
Use liquidity deliberately.
Moving every obligation independently can create avoidable settlement activity. Where legally and operationally appropriate, clearing and netting can identify the amount that actually needs to move.
The remaining obligation still requires an executable route, available liquidity and a responsible settlement provider. The protocol is intended to coordinate those elements; it is not a substitute for funding, counterparty limits or settlement controls.
Availability matters as much as a quoted price.
A useful service decision takes account of eligibility, timing, capacity and the conditions of the route. The lowest apparent price is not a better outcome if the instruction cannot be completed.
We are interested in partners who can contribute dependable capabilities and clear operational information. Participation begins with a discussion of your services, supported markets and integration requirements.
Put available capacity against an eligible requirement.
An institution can have a valuable capability that is not relevant to every instruction. Its local access, currency service or liquidity arrangement becomes useful when another participant has a matching requirement and an eligible relationship. The connection must account for availability and conditions as well as the headline service description.
SUPA is developing the coordination needed to make that fit operational. Where supported, clearing can first identify the obligations that actually remain to be settled. The appropriate participants then provide the agreed services for the resulting journey. This does not make liquidity unlimited or transfer control of a provider’s resources to the network. The provider retains the boundaries of its service while gaining a route to complementary institutional demand.
Good questions.
Clear answers.
Does SUPA supply unlimited settlement liquidity?
No. Funding and liquidity services depend on the participating providers and their agreed terms, limits and availability.
Can netting remove every funding need?
No. Netting applies only to eligible obligations under appropriate arrangements. Remaining settlement obligations still require an executable and funded route.
What should a prospective provider describe?
The capability offered, the eligible users and markets, operational conditions, availability information and the integration your institution can support.
A closer look.
SUPA Protocol is an institutional network under development. Participation and service availability are subject to bilateral agreements, integration, regulatory permissions and corridor coverage.
Where could we take you?
Tell us what you want to build, connect or make possible.