CLS Group Reports September 2015 Settlement Data, Volumes Plunge

CLS Group, a provider of risk mitigation and operational services, has reported its volumes and aggregation services data for the month ending September 2015, which underscored a notable downturn from the previous month, according to a CLS statement.

For the month ending September 2015, the average daily input volume submitted to CLS, combining the settlement and aggregation services, came in at just 1,081,045, down -7.6% MoM from 1,170,313 in August 2015. However, over a yearly timeframe, the volume retreat was even more pronounced, corresponding to a fall of -23.8% YoY from 1,419,102 in September 2014.

In addition, the average daily input value submitted to CLS in September 2015 yielded $4.81 trillion, rising 3.7% MoM from $4.63 trillion in August 2015. However, this optimism was tempered with its 2014 equivalent, which saw a YoY decline of -19.0% from $5.94 trillion in September 2014.

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