Clearing and Settlement

This article is part of the Domain Knowledge Learning Path.

What You Will Learn

• The business purpose of Clearing and Settlement.
• The main users, systems, and workflows involved.
• Important data, integration, security, and compliance concerns.
• How engineers should think about this topic while designing software.

Engineering Checklist

Area	Questions to Ask
Users	Who uses this system and what are their goals?
Data	What business data is created, updated, or protected?
Workflow	What is the normal flow and what can fail?
Integration	Which internal or external systems are involved?
Architecture	What should be synchronous, asynchronous, cached, audited, or secured?

Practice Advice

After reading this topic, draw the data flow, identify the main APIs, and explain the business process in simple words. Domain clarity becomes architecture clarity.