John Paul DeVito is Director, InteliClear.
What were the key themes for your business in 2024?
The hallmark of 2024 for InteliClear was the seamless transition to T+1 settlement, achieved without disruption thanks to our system’s unique architecture. Designed to operate independently of settlement dates, InteliClear’s platform ensured our clients experienced a smooth transition while maintaining efficiency and accuracy. Additionally, our focus on developing and launching InteliClear 2.0 was a pivotal theme InteliClear 2.0 Video Launch.mp4 This enhanced version of our platform introduced innovative features, making it even more adaptable to the evolving demands of the financial industry.
What are your expectations for 2025?
The market outlook for 2025 presents an exciting landscape for InteliClear and the broader financial ecosystem. The “risk-on” environment, coupled with favorable interest rates and record-high global markets, has created fertile ground for modern post-trade processing solutions to replace outdated legacy systems. We anticipate heightened demand for agile and robust platforms as market participants seek to optimize operations and enhance scalability. InteliClear is well-positioned to play a central role in this global transformation, providing the tools and support necessary to navigate the complexities of an increasingly dynamic market environment.
What trends are getting underway that people may not know about but will be important?
One of the most significant yet underrecognized trends in the post-trade space is the processing of alternative assets. InteliClear has been a pioneer in this area and continues to innovate with various opportunities. We are actively integrating our post-trade processing solutions with blockchain technology to manage traditional and non-traditional assets, adhering to stringent regulatory frameworks, including FINRA, SEC, GAAP, and PCAOB rules. By leveraging blockchain, we aim to bring increased transparency, security, and efficiency to all asset classes while ensuring full compliance. This approach represents a paradigm shift in how post-trade processes are managed, particularly for alternative assets, underscoring our commitment to staying at the forefront of industry innovation.
Another critical development is the SEC’s mandate requiring the clearing of eligible secondary market transactions (ESMTs) in U.S. Treasury securities. This regulation, aimed at reducing system-wide risk and enhancing market stability, demands robust post-trade solutions. InteliClear is aligning its platform to accommodate these regulatory changes, ensuring clients can seamlessly meet compliance requirements. This mandate reflects a broader industry push toward enhanced oversight and risk reduction, making compliance-ready post-trade systems an indispensable asset for financial firms.
Lastly, the rise of artificial intelligence (AI) presents transformative opportunities for our clients. Thanks to InteliClear’s non-service bureau operating model, present and future clients retain complete control over their systems. This autonomy empowers them to customize AI-driven tools and analytics to optimize operations, manage risks, and enhance decision-making. InteliClear’s approach ensures that clients, not external vendors, dictate how technology evolves to meet their specific needs.
These emerging trends—alternative assets, blockchain integration, regulatory adaptation, and AI-driven opportunities highlight the dynamic changes shaping post-trade processing. InteliClear remains committed to providing innovative, client-controlled solutions that drive efficiency and resilience in this evolving financial landscape.
