headquartered in Singapore, platform engineered here
live in production today, and
T+0 ready
trades processed across the platform
week go-live, ~70% out-of-the-box functionality
A different system, cut-off and cash cycle per venue
Overnight batches and next-morning breaks
Manual exceptions, spreadsheet reconciliation, key-person risk
US affirmation and FX squeezed into the Asian night
One platform across trades, settlement, custody and corporate actions
Real-time validation at capture, no batch dependency
Intraday reconciliation and automated exception handling
Predictive fail scoring before each market’s cut-off
SGX and MAS remain in consultation with no confirmed date, while the US is live on T+1, HKEX is consulting toward technical readiness, and the UK, EU and Switzerland cut over in October 2027. Singapore firms carry the mismatch in the meantime. NOVA settles T+1 in production now — and T+2, T+1 and T+0 side by side on one book of record.
Nasdaq is targeting a 23-hour, five-day session with DTCC extending clearing to match. For a Singapore desk holding US lines, the overnight processing window disappears. NOVA never needed one.
MAS Project Guardian is moving from trials to commercialisation, with GL1 and an SGD wholesale-CBDC testnet behind it. NOVA processes tokenised instruments, crypto transfers and custody on the same ledger as equities and fixed income — not a parallel operational silo.
Agentic exception triage, ML-assisted matching inside the rules engine, trade-level fail prediction - native, configurable and fully audited. Aligned to MAS AIR Guidelines.
straight-through processing achieved
TCO reduction via STP and vendor consolidation
lower labour cost in reconciliation and exceptions
typical payback on targeted automation
01
Growth absorbed on unchanged headcount.
02
T+2, T+1 and T+0 run together across your venues.
03
Modernise the operating model, keep the OMS and the front office.
Modernise the operating model, keep the OMS and the front office.
04
Reporting and audit trail generated from the settlement record.
05
Product, engineering and domain teams in Singapore, not on a night shift.