Frontclear is a specialized financial institution established in 2015 with the mission to catalyze the development of interbank money markets in emerging markets and developing countries (EMDCs). It is funded by development finance institutions and several European governments. The company's core service is providing credit guarantees on interbank transactions (such as repos, swaps, and foreign exchange) to cover counterparty credit risk. Alongside these guarantees, Frontclear delivers in-depth technical assistance programs, which include training and advisory services to support the development of financial infrastructure, legal frameworks, and market capacity. This dual approach helps local financial institutions manage liquidity more effectively, reduces systemic risk, and fosters overall economic growth and stability.