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PowerCage® — Settlement at the Speed of the Market

Every delay compounds exposure. Every mismatch adds cost.

Markets settle on T+1 today. The shift to real-time processing has already begun.

PowerCage® gives institutions a single control layer for settlement, financing, and reconciliation across equities, fixed income, options, and digital assets. It reduces fails, shortens funding cycles, and provides continuous visibility across entities, custodians, and jurisdictions.

Built for today’s needs. Ready for what’s next.

The PowerCage Advantage

AI Operations Agents

Rule-based agents monitor workflows, detect issues, and direct actions with full transparency. They manage re-match attempts, borrow-return suggestions, and exception handling under human supervision, maintaining detailed audit logs that satisfy regulatory review.

Smart API Fabric

A unified integration layer for vendors, custodians, and proprietary systems. Built on REST and ISO 20022 standards with FIX, SWIFT, and SFTP compatibility, certified under SOC 2 and ISO 27001 controls. Connects to DTC, Euroclear, Clearstream, CREST, and regional depositories, as well as stock loan, treasury, OMS, and general ledger platforms. Fully agnostic, with the ability to integrate with both internal and competing systems.

Low-Disruption Deployment

Modular rollout adapts to existing architectures. Converts data, maintains controls, and scales as operations grow, with no infrastructure rebuild required.

Core Features and Functionality

Global Multi-Asset Settlement

Processes equities, bonds, repos, options, and tokenized instruments within a single platform. It consolidates obligations and positions across different time zones and entities.

Exception and Fail Management

Continuously monitors, receives, and delivers. Detects issues early, prioritizes by exposure, and guides resolution before penalties or buy-ins occur. Auto-re-match logic securely resolves routine exceptions.

Financing and Liquidity Oversight

Monitors borrowing and returning activity, predicts funding requirements, and suggests efficient allocations across desks, currencies, and entities.

Fixed Income and Options Processing

Handles coupons, redemptions, assignments, exercises, and lifecycle events aligned with CCPs such as OCC, LCH, and ICE Clear.

Transparent Reporting and Analytics

Real-time dashboards offer role-based views for operations, risk, and finance. Generates SOE, IOE, and end-of-day packages across all accounts with complete lineage and regulator alignment. Supports post-trade automation and ongoing data reconciliation.

Payments and Corporate Actions

Aligns SPO and PPO cash flows with their respective entitlements, ensuring correct funding and payout positions.

Security and Resilience

End-to-end encryption, granular role controls, continuous replication, and active-active failover. Geo-redundant data centers and observability dashboards meet global operational resilience standards.

User Interface and Dashboards

Task-based interface with customizable workspaces, filters, and analytics. Visual exception queues, margin utilization, and funding summaries update in real time.

Automation Playbooks

Customizable workflows assign responsibilities, monitor SLA progress, and document outcomes for audit and review.

Why Firms Choose PowerCage
  • Fewer settlement fails and buy-ins
  • Lower financing and operational costs
  • Faster close and cleaner books
  • Compliance-ready records with full traceability
  • Path to real-time settlement without replacing current systems
Key Capabilities at a Glance
  • Multi-asset, multi-currency processing
  • Connectivity to global custodians and CSDs
  • Open integration with vendor and proprietary systems
  • AI operations agents and automated reconciliation
  • Exception playbooks and supervisory controls
  • Continuous backup and secure data exchange
  • Active-active failover and geo-redundancy
  • Paperless, sustainability-aligned workflows
Native to ClearOS — Compatible with Everything

ClearOS is the complete books-and-records foundation. PowerCage builds on that foundation by providing real-time settlement and funding management. They operate together as a single platform or independently alongside any internal core or competing system. Both share data models, authentication methods, and Smart API connections for seamless integration.

Ecosystem Tie-Ins

All modules use a shared data model and Smart API layer with single sign-on. Funding, risk, and compliance data flow across applications in real time.

Global Assurance

Global Coverage

Operates across North America, Europe, and Asia-Pacific with local market adaptations and multi-currency support. Offers 24-hour control in T+1 and hybrid environments, and is ready for real-time settlement.

Global reach. Local compliance.

Security, Compliance, and Assurance

Aligned with SOC 2 and ISO 27001 standards. Complies with regional data residency and encryption policies. Every transaction maintains lineage for audit-ready reporting through Reguliant integration.

Deployment and Support

Available for on-premise, cloud, or hybrid deployment. Delivered by integrated U.S. and Vietnam teams operating under one global standard. Includes onboarding, configuration, user training, and 24/6 follow-the-sun support.

Enterprise reliability. Scaled for every firm.

Sustainability

Paperless workflows, digital record-keeping, and automated reporting decrease manual tasks and help achieve ESG goals.

Proven Performance

ClearOne (Davidsohn) technology has supported global post-trade operations for over fifty years. The same infrastructure handles more than 90 percent of U.S. equity and options settlement processing, managing trillions of transactions daily with 99.99 percent uptime. PowerCage brings that reliability to firms of all sizes.

Because speed and accuracy define the market.

PowerCage®. Settlement for a Real-Time World.