Financial technology company FIS announced the launch of FIS CD Prediction Clearing, a solution designed to provide post-trade clearing services for regulated prediction markets with 24/7 operations capability.

The new offering integrates into FIS's existing Cleared Derivatives suite and aims to replace batch-based processing systems with real-time clearing and high-volume transaction processing. The solution builds on the foundation of FIS CD Books and Records Manager, which provides post-trade clearing for derivatives.

"Prediction markets are demanding real-time clearing, high-volume transaction processing and round-the-clock availability, all of which are capabilities that legacy systems were never designed to deliver at scale," said Andrés Choussy, Head of Capital Markets at FIS.

The launch comes as prediction markets continue to expand, with a Bloomberg report estimating five-fold growth by 2030. Andy Ross, Head of Institutional at Kalshi, noted the infrastructure requirements for sustaining market momentum.

The cloud-native architecture supports middle and back-office functions while scaling with transaction volume. FIS states the system can handle millions of transactions daily with real-time risk updates for futures commission merchants entering these markets.

FIS, headquartered in Jacksonville, Florida, is a member of the Fortune 500 and S&P 500 Index. The company provides financial technology solutions to institutions, businesses and developers globally.

The information is based on a press release from FIS.