The FinClear Group (FinClear) is Australia's leading full-service provider of listed and unlisted infrastructure; providing services to financial advisers, wealth managers, stockbrokers, and FinTechs which results in FinClear being the trusted counterparty to over 1.4million Australian retail investors and their $170 billion in financial products
For every equity trade, there is a cash settlement. FinClear’s core market of Financial Institutions, wealth managers, stockbrokers and FinTechs have specific domestic cash, international cash and payment needs. They are currently dealing with other providers or struggling to find an effective solution. We have been requested to solve this problem for our clients.
FinClear developed the Cash Hub in response to three converging structural shifts in wealth management: shorter global settlement cycles, the rapid growth of international equities & cross‑border investing, and client demand for access to alternative assets & managed funds across multiple jurisdictions—all of which expose the limitations of traditional, single‑currency client money accounts.
a. Accelerating settlement cycles
Global equity and ETF markets continue to compress settlement windows (e.g., U.S. shift to T+1; pressure toward near‑real‑time allocations in some venues). Advisers and platforms must prefund or mobilise multi‑currency cash faster to avoid settlement fails, FX slippage, and penalty regimes. The Cash Hub’s unique client account attribution and standing‑direction framework allow FinClear to dynamically stage and sweep client monies across banking partners so cash is in the right currency, in the right place, at the right time.
b. Rise of international equities & cross‑border diversification
Australian investors—retail, HNW, family office, institutional—continue to increase allocations to offshore listed securities (U.S., Europe, Asia) for diversification and thematic exposures. Traditional ad‑hoc FX spot conversions per trade are costly, operationally heavy, and error‑prone. The Cash Hub centralises FX dealing, introduces bulk and staged conversions, and supports local currency funding rails (e.g., internal USD sweeps) that lower transaction costs and reduce settlement risk.
c. Alternatives, private assets & managed funds breadth
Client portfolios increasingly blend listed securities with alternative assets, unlisted/wholesale funds, capital call structures, and corporate actions that settle in a range of currencies and timeframes. The Cash Hub’s payment permission matrix (First vs Third Party) and client account‑level audit trail let advisers meet cash calls, subscriptions, pension payments, and regulatory obligations from a single, supervised pool—streamlining the *orderly implementation of the client’s wealth journey* across asset classes.