Clear Street is a financial services firm that utilizes modern technology to replace outdated capital market infrastructure. By streamlining transaction processes and enhancing data accessibility, it reduces operational inefficiencies and costs for market participants.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The financial industry relies on outdated infrastructure, often built on legacy systems from the 1970s, leading to operational inefficiencies, reduced profit margins, and increased risk for market participants. Existing technology is often layered on top of these old systems, creating further complexity and hindering innovation.
Solution
Clear Street is a financial services firm that provides a modern, cloud-native platform designed to replace outdated capital market infrastructure. The platform streamlines transaction processes and enhances data accessibility, offering real-time data and a single system for information. Clear Street's technology is built for multi-asset clearing and is horizontally scalable, providing a cost-effective solution for institutional clients, professional clearing firms, and active traders. The company's portfolio management system is designed to drive alpha and power decision-making through revolutionary trading and risk management tools.
Target Audience
Clear Street serves institutional firms, professional clearing participants (market makers and futures clearing firms), and active traders, including family offices, hedge funds, and traditional/alternative asset managers.
Features
- Cloud-native, API-based platform for all asset classes
- Real-time data and information held in a single system
- Horizontally scalable technology for cost-effective maintenance
- Portfolio management system with risk and margin analytics, exposure tracking, and P&L reporting
- Support for a wide range of clearinghouses and exchanges across North America, Europe, and Asia