Since its inception in June 2000, ClearPar^SM has not waivered from its mission: to promote efficiency and liquidity in the corporate loan market by reducing settlement time for secondary trades and syndications, thereby reducing settlement risk and cost.

There exists today a golden opportunity for all dealers, buyside institutions and agents to collectively realize the benefit of our goal of T+3 settlement on the ClearPar^SM system. ClearPar^SM has proven that when all parties to a trade are ready, willing and able to review, allocate and sign online, trades will settle within days rather than weeks. Our goal is to allow market participants to re-deploy their closers as ClearPar^SM system managers, overseeing their institution's ClearPar^SM settlement process, with time left over for other tasks, such as the preparation of financial credit analyses and market-to-market pricing.

It is ClearPar's^SM mission to develop "straight-through-processing" of loan sales by making it possible to enter trades from either a trading platform or a trading desk straight-through to the ClearPar^SM settlement system with the ClearPar^SM system interfacing with the front and back office accounting systems of each participating institution.