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What is SSimple?

Central to our all-encompassing, secure, and cost-effective solution is the ability to mitigate risks while enhancing oversight of the Standing Settlement Instruction (SSI) process. In light of the high settlement failure rates prevalent in the current market, SSImple significantly enhances both the communication and processing of SSIs. Our platform enables early matching of SSIs across diverse asset classes, including equities, fixed income, cash, and FX, thereby effectively minimizing potential disputes, with each action backed by unchangeable records. Furthermore, users benefit from comprehensive visibility into SSI communications at every stage of the procedure. As trading entities within EU and non-EU jurisdictions confront the challenges associated with ownership records, it becomes essential for market participants to adapt their settlement processes in anticipation of the forthcoming Settlement Regime. By taking this proactive stance, they not only bolster their compliance but also enhance their competitiveness in a continuously evolving market environment. This strategic preparation ultimately positions them to navigate future challenges with confidence.

What is Dusk Network?

Dusk Network functions as a state-of-the-art technology platform for securities, providing an open-source and secure blockchain (DLT) framework that enables businesses to tokenize financial assets and reduce costly operational processes. This decentralized Financial Market Infrastructure (dFMI) is designed to guarantee a transparent and conclusive settlement of transactions, achieving the remarkable capability of instant or near-instant settlements in under 15 seconds. Traditional proof-of-work consensus methods utilized by Bitcoin and Ethereum do not satisfy these essential needs. To address this gap, we have introduced a highly effective consensus framework called the Succinct Attestation agreement, which supports swift transaction settlements within the desired 15-second period. By incorporating zero-knowledge technology, enterprises can leverage the Dusk Network to create tokens governed by smart contracts that prioritize privacy. This groundbreaking strategy enables the effective use of DLT’s potential while complying with confidentiality agreements and data protection regulations, thus ensuring both operational efficiency and legal adherence. As a result, Dusk Network signifies a noteworthy progression in the ever-evolving realm of financial technology, positioning itself as a leader in innovative solutions. Furthermore, its unique capabilities could revolutionize how financial transactions are conducted, making them more secure and efficient than ever before.

Media

Media

Integrations Supported

Integrations Supported

Binance
Telegram

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

SSImple

Date Founded

2022

Company Location

United Kingdom

Company Website

ssimple.io

Company Facts

Organization Name

Dusk Network

Company Website

dusk.network/

Categories and Features

Financial Services

Not specified

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

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