SSImple

SSImple operates in the financial services sector, providing a Software-as-a-Service (SaaS) platform built on Distributed Ledger Technology (DLT) using R3's Corda. The company focuses on post-trade processing, specifically enhancing the management of Standing Settlement Instructions (SSIs). SSImple's platform is designed to mitigate risk, increase control, and improve the efficiency of SSI communications and processing. It serves financial institutions, including asset managers, brokers, and custodians, who require robust and compliant solutions for their post-trade operations. The platform is TradFi compatible, meaning it can interact seamlessly with traditional finance systems.

SSImple's business model is subscription-based, where clients pay for access to the platform and its features. The company generates revenue through these subscriptions, offering various tiers of service depending on the client's needs. The platform's key features include early matching of SSIs across multiple asset classes such as equities, fixed income, cash, and FX, central enrichment at the point of transaction agreement, and protection against disputes through immutable records. Additionally, SSImple ensures compliance with ISO-recognized data standards, which is crucial given the increasing regulatory pressures like CSDR buy-in penalties.

Keywords: SaaS, DLT, post-trade processing, SSIs, financial services, R3 Corda, risk mitigation, compliance, multi-asset, TradFi.