FIS launches clearing solution for prediction markets

FIS has introduced a clearing solution designed to support post-trade processing in regulated prediction markets, with round-the-clock operations. The system replaces batch-based processes with real-time clearing The product, called FIS CD Prediction Clearing, is part of the company’s cleared derivatives suite and focuses on handling trades after execution, including clearing and risk management. The firm said that the system replaces batch-based processes with real-time clearing, all