Post-Trade Operating Platform for Capital Markets - NOVA CMX

Post-trade operating platform

One platform for the full trade lifecycle - execution through reporting.

NOVA CMX runs the middle and back office as a single system. It connects to the front office and market infrastructure you already operate, so you modernise without a rip-and-replace.

Order routing and execution management with real-time position visibility partner-led or in-house, integrated to the front office you already run.

Matching, confirmation and netting across counterparties, with exception queues surfaced early rather than at end of day.

Straight-through settlement with direct interfaces to major CSDs and custodians across APAC, ANZ and the UK.

Automated breaks detection and control across cash and stock, with a full audit trail on every adjustment.

Corporate actions and asset servicing across the full event lifecycle, with entitlements calculated against reconciled positions.

Regulatory and operational reporting with configurable rule engines for MiFID II, EMIR and local regimes.

In production

Thirty years running mission-critical post-trade operations.

100M+

Trades processed across the platform

Fact · aggregate production volume

~34%

Average cost saving across clients

Estimate · client-reported, representative

18+

Tier-1 broker, bank & custodian clients

Fact · client organisations in production

30+ years

Continuous operation in production environments

Fact · platform operating history

Why NOVA

Built to be adopted module by module, on your infrastructure - never a re-platform.

Modular

Start with what you need. Add modules as you grow.

One core, every module. Adding a capability extends the platform, it doesn't create a new integration or a new silo.

Agnostic

Plugs into what you already run.

The architecture sits alongside your front office and market infrastructure. Modernise on your terms, no big-bang migration.

Configured, not coded

Configuration, not custom code.

New markets, assets, and rules are configured on the core, not built from scratch, which cuts delivery time and lowers the cost of change.

Built for what's next

The regulatory and market shifts, handled on the core.

Each is built into the platform rather than bolted on, so adoption does not require re-platforming.

01

T+1

Compressed cycles automated end to end, with same-day affirmation and real-time exception control.

UK • OCT 2027

02

Shariah

AAOIFI-aligned processing rules built into the core for operations across Islamic markets.

MALAYSIA • LIVE

03

Digital assets

Tokenised and traditional instruments settle through one post-trade backbone, one set of books.

SINGAPORE • PILOT

04

Fractional settlement

Sub-unit holdings allocated, netted and reconciled without a parallel ledger.

AUSTRALIA • LIVE

05

24x5

Continuous trading windows with rolling batch, no overnight blackout and no manual cutover.

global • 2027

06

AI

Break prediction and match suggestions inside the reconciliation workflow, with al full audit trail.

global • in build

In their words

Proven in production, not in theory.

A proficient platform with continuous innovation making it more effective and robust – and a team that is supportive and knowledgeable, functionally and technically.

- Tier-1 global bank · platform user

Consistently strong support and on-time delivery of enhancements, particularly regulatory changes – a genuine investment in the long-term value of the platform.

- Tier-1 global bank · operations team

A supportive and knowledgeable team providing reliable service, with strong technical expertise, responsive support, and consistent focus on helping us when it matters most.

- Tier-1 global bank · operations team

Global footprint, local depth

Ten markets. Domain teams on the ground in each.

Global engineering scale paired with people who know each local market’s rules and infrastructure.

Singapore

HQ · Cecil Street

Malaysia

Kuala Lumpur

Australia

Melbourne

United Kingdom

Shropshire

Hong Kong

Kowloon

Also operating across Indonesia · India · New Zealand · UAE · Vietnam

Latest insights

Capital Markets Perspectives

Explore NOVA CMX perspectives, industry research, expert insights and the latest developments shaping technology, regulation and the future of capital markets.

Capital markets - engineered

See the cost model for your own trade volumes.

Talk to our team about consolidating your post-trade operations on NOVA CMX.

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