Clearing, Settlement and Custody
Providing Clearing, Settlement and Custody across Global Markets and Multiple Asset Classes, GPP operates on a riskless principal basis and does not take any proprietary traded positions.
We provide clearing for equities and fixed income securities on a “Model A basis”. This means that as your agent in the market, we act as your trade intermediary, giving you access to global settlement and custody markets via our connectivity to multiple, industry-leading sub-custodians.
Our clearing solution is built around a combination of our proprietary, web-based back-office platform and in-house operational scale and expertise. The result is global markets access while at the same time reducing operational risk and increasing the efficiency of our clients’ overall clearing and settlement process.
Execution capabilities
Should you require execution services, our Execution team acts on behalf of professional clients to execute orders in bonds, equities, ETFs and structured products.
Our seamless, multi-asset technology connects the team members to clients and to each other, allowing them to operate a 24/5 coverage model. Institutions, family offices and proprietary trading groups rely on our trading desk to meet their high- and low-touch execution needs.
Why do ESPs service GPP?
GPP aggregates clients into one ESP-facing account, meeting their respective minimum thresholds
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GPP seen as an existing, regulated & recognised consolidator, reducing their compliance burden
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Lower regulatory exposure, especially important with the introduction of MiFID II legislation
GPP value adds
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Independent – GPP not limited by any one counterparty, clearer or platform
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No Concentration Risk
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Global market access
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Individualised service
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Single proprietary IT platformfor all services (GBO), in continuous development
Why do clients use GPP?
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Access to best of breed ESPs – Clients are completely segregated and just face GPP
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GPP is the leader in the space with the broadest product and service offering
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Enhanced client experience relative to that offered by global banks
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Cost effective – clients benefit from GPP’s scale relationship with ESPs
Global Markets Infrastructure
We offer economies of scale as a clearing consolidator:
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We have established relationships with select tier 1 custody banks, mitigating our clients’ counterparty and provider risk
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We have direct connectivity to Crest.
Client Services Model
Our in-house teams offer high-quality, tailored and pro-active client operational support across international market opening hours:
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Clients have direct access to our in-depth industry expertise across dedicated client service, operations and technology teams
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GPP provides a personalised, fast-track on boarding service to reduce account opening to week, not months.
Technology
We are a technology-enabled financial services company using a proprietary technology platform built specifically to support our clients’ clearing requirements:
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Our state-of-the-art STP back-office platform provides a real-time view of the trade settlement lifecycle, incorporating cash and positions management
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Our platform is highly scalable, accommodating rapid business growth on the part of GPP’s clients
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Our technology design allows integration with 3rd party applications using APIs
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We are continuously investing in our platform to create a future-proof technology stack.
Protection of Assets
Client Assets can be held in CASS6 and CASS7 accounts through our provider network or in GPP’s own CREST nominee account.
Our custody solution includes client money and asset protection, in accordance with the FCA's Client Assets rules, whereby assets may be held on a segregated basis and not subject to title transfer.