SETL | Distributed Ledger Technology for Financial Services

We are SETL

SETL is dedicated to building blockchain-based solutions for Financial Markets, Asset Management and Payments. SETL’s core technology is proprietary, market leading and designed specifically for high performance, low latency regulated applications.

SETL is led by a team of financial service professionals who have extensive knowledge of the industry and deep expertise in both disruption and innovation.

The Case for Central Bank Digital Currency

November 6, 2019 06:51

There is no questions that ‘big tech’ has the reach and the savvy to construct a digital currency system, but the debate has moved to how such a system should be regulated

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Team Building: Culture, Mindset, And Innovation At SETL

October 10, 2019 05:37

At SETL, it starts with curiosity. From the very beginning we’ve intuitively looked for people above everything that are curious. Where technology is a personal passion as well as a day job.

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How To Swim 2.4 miles, Cycle 112 Miles And Run A Marathon Whilst Working In A Startup

October 9, 2019 05:02

Instead when I joined SETL, my time became my own, as long as I deliver what’s needed of me, my training and workday schedule is my own to rearrange.

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Secure

Immutable record keeping and protection against corruption. Fully permissioned and comprehensive KYC and KYP capabilities built in. Multiple copies of blockchain ensure the C, I and A of data.

Resilient

No reliance on single end points and the loss of one or more Nodes will not impact the availability of the system. Automatic rebuild of restarted machines means hot swapping can be performed.

Fast

Using standard technological equipment, this solution is capable of delivering 30,000 TPS (transactions per second) – to put this into perspective, retail payment networks are currently capable of around 1,700 TPS.

Trusted

Relied on by business partners and customers. Regulatory approval to interface into global market structure.

Efficient

The speed and design of our systems requires considerably less energy than conventional solutions. A typical configuration would use 10 VMs, drawing a maximum of 2.5Kw.

Regulated

Compliance with industry regulations and protocols allows our products to connect and operate with ISO 20022 (MX) and SWIFT (MT) messaging systems.

Speed and Scale

With SETL's system, Settlement can be done at speed and scale. A single SETL instance can process 30,000 transactions a second across 100m different accounts - with the system fully scalable by adding more instances.

World's First Blockchain CSD

ID2S was built entirely by the SETL team from their Global Engineering Centre in Ipswich in the UK. At the heart of ID2S is the financial grade SETL blockchain.

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Industrial grade

Our core blockchain achieved an average of 30,000 transactions per second (TPS) during a recent performance test and peak volume of 100,000 TPS.

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Cloud ready

Move assets to trusted cloud infrastructures with confidence using SETL solutions. Designed and built from the ground up for resilience, security and infrastructure.

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