| Name | Title | Contact Details |
|---|---|---|
Michael Pearson |
Deputy Chief Compliance Officer - PWM | Profile |
CLS enhances financial stability through the mitigation of FX settlement risk globally, playing a fundamental role in the FX market. CLS is the only means by which FX settlement risk can be mitigated with finality, using a unique combination of payment-versus-payment settlement in central bank funds, multilateral payment netting and a standard legal framework, supported by a robust and resilient infrastructure. CLS also provides the CLS Aggregation Service LLC -- a collective industry solution that delivers a trade compression service to Settlement Members, reducing operational risk and cost issues. CLS Aggregation Services is a joint venture between CLS Bank (51% owner) and Traiana, Inc. (49%), an ICAP company. In 2012, the US Financial Stability Oversight Council designated CLS as “systemically important” financial market utility. Launched in 2002, CLS settles FX trades between the following 18 currencies: Australian Dollar, Canadian Dollar, Danish Krone, Euro, Hong Kong Dollar, Hungarian Forint, Israeli Shekel, Japanese Yen, Korean Won, Mexican Peso, New Zealand Dollar, Norwegian Krone, Singapore Dollar, South African Rand, Swedish Krona, Swiss Franc, UK Pound and US Dollar Owned by 74 of the world’s leading financial institutions, CLS Group Holdings AG is the parent company of the CLS Group of companies.
Randolph State Bank is a Randolph, IA-based company in the Financial Services sector.
BNP Paribas is one of the best rated banks in the world. The Group has a presence in more than 75 countries and more than 189,000 employees, including more than 140,000 in Europe. It ranks highly in its three core activities: Domestic Markets, Corporate & Institutional Banking and International Financial Service. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across the Europe-Mediterranean zone and boasts a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia.
Iowa State Bank & Trust Co. is a Iowa City, IA-based company in the Financial Services sector.
Bank of Commerce is a Greenwood, MS-based company in the Financial Services sector.