Markets donÍt stand still. The FX market continues to evolve through structural change, regulatory reform, and new technology. To succeed, our clients must navigate these changes efficiently. They need a partner they can trust.No one has contributed more to the growth of this market than CLS. WeÍre proud to be the worldÍs leading provider of FX settlement services. Launching in 2002, we transformed FX with our innovative approach to multilateral netting and settlement. Our specialists have worked to reduce systemic risk ever since, while creating operational efficiencies and significant cost savings for our clients. WeÍve earned the trust of our members - over 60 of the worldÍs most important financial institutions. With more than 24,000 third-party clients also using our services, we settle USD5 trillion of payments on an average day. CLSÍs unique position at the center of the FX market enables us to collaborate widely across the industry, leading the development of standardized solutions that enhance operations for all our clients. Our connectivity runs deeper than the unrivalled infrastructure that first built our reputation. We work closely with central banks and regulators, and partner with leading commercial banks, global corporations and financial institutions. Industry leaders trust and rely on our strategic advice. CLS experts develop relevant solutions to real problems. Our network gives us unparalleled insight into common market challenges, and our specialist teams catalyze that insight into foresight. We combine this with technical precision and imagination, and a deeply held commitment to deliver client impact. The result? Rigorous, forward-looking solutions that reduce risk and create efficiencies. CLS products empower our clients to stay at the forefront of a changing market. Markets donÍt stand still. We donÍt either.