FIS Launches New Cleared Derivatives Solution for Prediction Markets

WHY THIS MATTERS: The financial industry’s largest infrastructure providers are now dedicating serious resources to supporting emerging asset classes, signaling the maturation of a critical niche: regulated prediction markets. This announcement from FIS is significant because it recognizes that the anticipated five-fold growth in this sector cannot be sustained using traditional, batch-based settlement systems. By delivering 24/7, real-time clearing capability, FIS is removing a major latency barrier. This technical upgrade in capital markets infrastructure is not just an efficiency play; it is a foundational step that will unlock institutional participation by ensuring high-volume, continuous risk management. The shift to a cloud-native, real-time core for these contracts proves that the future of trading is always-on, and legacy architecture is no longer fit for purpose.

Global financial technology leader FIS® today announced the launch of its new FIS CD Prediction Clearing solution to provide 24/7 post-trade clearing for regulated prediction markets. 

The growth of prediction markets is continuing at pace, with a new report estimating a five-fold growth by 2030. Andy Ross, Head of Institutional at Kalshi said: “We are at an inflection point for prediction markets. The appetite from both retail and institutional participants is unlike anything we’ve seen before. To sustain that momentum, the infrastructure underpinning these markets needs to keep pace, and having the right post-trade foundation in place is critical to unlocking the next wave of participation.” FIS CD Prediction Clearing helps provide the infrastructure to sustain this momentum by replacing fragmented, batch-processes with real-time clearing, high-volume transaction processing and 24/7 support.

“Prediction markets are demanding real-time clearing, high-volume transaction processing and round-the-clock availability, all of which are capabilities that legacy systems were never designed to deliver at scale,” said Andrés Choussy, Head of Capital Markets at FIS. “To address these challenges, FIS CD Prediction Clearing gives existing and new FCMs entering these markets the technology to handle millions of transactions a day with real-time risk updates. At FIS, we’re leveraging over 30 years of cleared derivatives expertise to bridge that gap between these fast-moving regulated new markets and the financial infrastructure they require, allowing our clients to compete with confidence “

FIS CD Prediction Clearing builds on the foundation of the FIS CD Books and Records Manager, which provides advanced post-trade clearing for derivatives. The enhanced solution replaces fragmented, batch-based processes with real-time processing and its cloud-native architecture supports middle and back-office functions, scales with volume and reduces infrastructure costs. This marks a meaningful step forward in modernizing post-trade operations for the global derivatives market.

This solution is part of the broader FIS Cleared Derivatives Suite, learn more at Unified Post-Trade Derivatives Processing Platform.