ICE Clear Singapore's primary clearing systems currently consist of the following integrated systems:
Provides functionality for position maintenance (including close-outs), options exercise and delivery, in addition to cash and collateral management.
Provides access to all clearing reports and data files. (formerly AFTS).
ICE communicates with its payment banks by using the SWIFT communications network and standard form payment messages, which facilitates a high degree of straight-through-processing to the payment bank providers.
A single user interface, offering functions to view and manage trades (update, split, group and adjust), transfers (create, accept/reject and modify), allocations (create, modify and reverse) and claims (accept/reject, update and re-allocate).