
Baton Systems is a fintech company that provides real-time, multi-asset post-trade processing solutions for financial institutions. Their platform, Baton CORE, enables clients to automate and optimize payment, settlement, and collateral management processes, addressing critical risks and enhancing operational efficiency. With a strong market position, Baton serves seven of the nine largest Western banks, facilitating over $17 trillion in settlements and handling more than 140 million transactions. The company differentiates itself through its AI-enabled, cloud-native technology, which allows for real-time visibility and control, making it a leader in the evolving financial landscape.

Baton Systems is a fintech company that provides real-time, multi-asset post-trade processing solutions for financial institutions. Their platform, Baton CORE, enables clients to automate and optimize payment, settlement, and collateral management processes, addressing critical risks and enhancing operational efficiency. With a strong market position, Baton serves seven of the nine largest Western banks, facilitating over $17 trillion in settlements and handling more than 140 million transactions. The company differentiates itself through its AI-enabled, cloud-native technology, which allows for real-time visibility and control, making it a leader in the evolving financial landscape.
Core offering: Real-time, DLT-enabled post-trade processing (payments, settlement, collateral)
Customers: Serves 7 of the 9 largest Western GSIBs
Scale: Processes nearly $30B daily; settled $25T+ to date
Founded: 2016
Funding: Series A (most recent disclosed round: Jan 30, 2020); total disclosed funding ≈ $22M
Post-trade processing, settlement, payments, liquidity and collateral management for large banks and market infrastructure.
2016
Fintech / Financial infrastructure
Series A disclosed on Jan 30, 2020; company editorial notes a $4M investment from Illuminate Financial as part of funding activity.
“Illuminate Financial and Commerce Ventures listed among disclosed investors; Illuminate Financial invested $4M (reported Jan 30, 2020).”