New Solutions

Sernova Financial’s cloud based service platform recreates the shared infrastructure and service elements of a traditional clearing broker, providing clients with a faster route to market and a lower total cost of ownership than traditionally experienced with in-house or third party solutions.

By providing access to multiple Central Counterparty Clearing Houses (CCPs), Sernova Financial’s platform will enable local banks to “self-clear” and, where appropriate, allow them to service franchise clients through domestic and global CCPs. For clients who continue to favour the traditional operating model, Sernova Financial creates a normalised view across clearing brokers to simplify integration, provide support and analytical tools.

Sernova Financial’s service platform is underpinned by proven technology from market leader Calypso Technology that supports the full front-to-back lifecycle management of cash, securities and derivatives across the OTC space. Tata Consultancy Services delivers the business process management model and ensures a comprehensive level of support for the service.


Initially focusing on OTC clearing, Sernova Financial’s clearing services will provide turn-key cloud-based solutions that support: