ELI5: Explain Like I'm 5

CLS Group

CLS group is a group of companies made up of financial markets services providers. They help banks, brokerages and other financial institutions move money around the world quickly and securely. This helps banks and other financial institutions provide their customers with the best possible products and services. CLS group also provides services to help the markets run smoothly and efficiently. They do this by reducing risks associated with trading in foreign currencies, as well as creating new systems to help ensure the safety and security of the financial markets.