Xchanging, the business process, procurement and technology services provider and integrator, unveiled Netsett, an accounting and net settlement utility, to the U.S. market this week at the ACORD LOMA Forum in Las Vegas.

The Netsett platform is the result of a partnership between Xchanging and Deutsche Bank and seeks to replicate, on a global basis, the cash liquidity and operational cost-saving benefits from which the London market has long benefited through central settlement platforms.

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