Settle As You Go™

Think of SAYG™ — “Settle As You Go™” — in much the same way as a debit card: you understand what it does without needing to know how the banks and payment networks work behind the scenes.

And, like a debit card, SAYG™ must be funded before it can be used: the value required for settlement must already be available within the facility.

SAYG™ offers that degree of simplicity to buying and selling securities. The buyer receives the securities in a digitised format and the seller receives the agreed settlement value at the same moment. Both sides complete together, or neither does.

The seller can use the value received for another purchase or redeem it, that is, transfer it to general funds.

Behind that straightforward experience is a proposed settlement method designed to be licensed to established exchanges and financial institutions, which would operate it and manage the supporting arrangements.

Provisional patent applications have been filed and a detailed framework developed. The next step is to identify a substantial commercial partner with the expertise, resources and industry connections to assess SAYG™ and help bring it to market.

An introduction to someone who understands institutional securities settlement could therefore be particularly valuable.