$52,413
Federal NAICS Codes
NAICS 522320
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Explore obligations, trends, recent awards, and incumbent contractors for NAICS 522320.
NAICS 522320 federal market metrics
- Total obligations
- $1.9B
- Total awards
- 1,628 awards
- Active obligations
- $275.2M
- Size standard
- $47,000,000 receipts
What this NAICS covers
NAICS 522320 covers processing and settlement of financial transactions, operation of clearinghouse and reserve services, reconciliation and accounting for transfers, and management of transaction records and interfaces used to move funds between financial institutions.
Federal opportunities under 522320 typically involve operating or integrating systems that process and settle payments, perform clearing and reconciliation, maintain audit trails and reporting, and meet performance, security, and compliance requirements for agency financial flows.
FY2025 snapshot
- Obligations
- $226.4M
- Awards
- 78
- Average award
- $2.9M
- Change from FY2024
- +549%
Federal obligation trend
FY2021
$13.6M · 19 awards
FY2022
$86.4M · 43 awards
FY2023
$163.9M · 51 awards
FY2024
$34.9M · 54 awards
FY2025
$226.4M · 78 awards
FY2026
$897.2K · 22 awards
Recent awards
$121,225
$34,820
$22,492
$22,412
$29,037
$25,320
$16,901
AIRLINES REPORTING CORPORATION
Transportation Security Administration
- PIID
- 70T03026C6116N001
- PSC
- DA10 - IT AND TELECOM - BUSINESS APPLICATION/APPLICATION DEVELOPMENT SOFTWARE AS A SERVICE
FAQ
What work fits NAICS 522320?
- Operate a clearing and settlement service that nets participant transactions daily, posts ledger entries, and produces audit-ready settlement and exception reports.
- Provide reconciliation and exception management for government payment flows with workflow for investigation, resolution, and disposition reporting.
- Deliver secure message translation and connectivity for payment networks, including encryption, certificate management, and monitoring of message throughput and latency.
- Manage participant reserve accounts and custodial recordkeeping, including settlement funding instructions, reserve maintenance, and monthly account statements.
When is NAICS 522320 a weak fit?
- Commercial banking and deposit-taking where the requirement is accepting deposits and retail lending; missing deposit-taking, liquidity management, and bank charter functions.
- Financial software licensing and maintenance engagements that only supply payment application software without operating settlement, clearing, or custody services; missing operational processing responsibility.
- Trust or asset management contracts focused on investment portfolio selection and fiduciary investment decisions rather than operational settlement, reserve accounting, or clearing operations.
What solicitation language points to NAICS 522320?
- Performance work statement requires operating a settlement system that calculates net positions, executes transfers, and produces daily settlement reports.
- Labor categories list clearinghouse operator, settlement analyst, payment systems engineer, or reconciliation specialist with on-call processing responsibilities.
- Evaluation criteria and deliverables include reconciliation accuracy rates, system uptime SLA, audit trail completeness, and adherence to specified encryption or security standards.
Put this market knowledge to work
Now that you know about NAICS 522320 - Financial Transactions Processing, Reserve, and Clearinghouse Activities, let Sweetspot help you find and win relevant government contracts with AI-powered tools.