Compare 9th Gear Technologies vs Baton Systems
Customers evaluate the quality of 9th Gear Technologies's products using the following success metrics.
Overview
9th Gear Technologies is 6 yrs old and is based in United States.
9th Gear Technologies is a company focused on the financial sector, specifically in the area of capital markets. The company offers solutions to reduce the time to track, clear, and settle financial assets, aiming to bring operational efficiency and risk mitigation. Its services are primarily targeted towards institutional traders and lenders in the capital markets industry. It was founded in 2018 and is based in Palo Alto, California.
Baton Systems is 8 yrs old and is based in United States.
Baton Systems is a company that focuses on post-trade processing in the financial sector. The company offers a secure platform for the settlement of assets and wholesale payments, providing services such as real-time reconciliation, automated settlement orchestration, and risk management. Its main customers are large financial institutions. It was founded in 2016 and is based in Fremont, California.
Demo Video
Leadership
Maryanne Morrow (Founder, Chief Executive Officer)
Arjun Jayaram (Founder, Chief Executive Officer)
Funding
Investors
Illuminate Financial Management, Alsop Louie Partners
Product
Why 9th Gear Technologies beats Baton Systems
Why Baton Systems beats 9th Gear Technologies
Benefits
- Reduced capital expense
- Reduced Risk
- Reduced cost of back office operations
- Increased efficiency of house and client liquidity
- Reduced settlement and operational risks
- Reduced costs of moving assets
Products
Baton Core-FX
DLT powered, real-time PvP Settlement with no Pre-Funding extendable across all currencies & counterparties. Core-FX enables banks to take control & settle transactions on-demand & immediately with settlement finality. With Core-FX: - 24hr settlement processes can be completed in 5 minutes - Participants can choose how & when they net with access to automated configurable bilateral payment netting processing - Participants can pre-agree when they settle & do so multiple times a day – without the liquidity & funding constraints pre-funding introduces - Settlement timings can be aligned with corresponding liquidity events, allowing for more effective use of funding - Nostro accounts can be managed with full transparency enabling improved intraday liquidity usage
Customers
Baton Systems works with 4 known companies.
Known Partners
J.P. Morgan, Citi
Why They Buy
While Atlantis has brought brokerage processing into a continuous and highly automated operation for our customers, the final settlement and payment processes were lagging the new speed of the industry and subject to exceptions and breaks...Working with Baton allows us to easily and seamlessly accelerate payments with precision and greater controls across our network of participants. We are very excited to launch this collaboration with Baton.
News & Analysis
9th Gear Technologies has not been mentioned in our research.
Baton Systems has been mentioned in our research 1 time.
Research Articles
Expert Collections
On-Demand
1,244 items
Capital Markets Tech
1,077 items
Companies in this collection provide software and/or services to institutions participating in primary and secondary capital markets: institutional investors, hedge funds, asset managers, investment banks, and companies.