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24/7 prediction markets need faster clearing; FIS launches system
FIS (NYSE: FIS) has launched its new CD Prediction Clearing solution, providing 24/7 post-trade clearing for regulated prediction markets. This initiative comes as prediction markets are projected to grow five-fold by 2030, necessitating faster, real-time clearing infrastructure to replace legacy batch processes. The solution aims to support high-volume transaction processing and 24/7 availability, enabling financial institutions to confidently enter and operate within these fast-moving markets.