MUFG: Becomes first Japanese bank to commit to CLSNet

MUFG: Becomes first Japanese bank to commit to CLSNet

• MUFG is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history
• CLS is a market infrastructure group delivering settlement, processing, and data solutions
• Bank will join the expanding CLSNet community of global and regional banks
• CLSNet has seen a substantial rise in adoption this year, with a 495% year-on-year increase
• The centralized platform standardizes and automates post-trade matching and netting processes across the global currency spectrum
• CLSNet offers standardization and automation through a single platform which mitigates risk