No, I'm also speaking of settlement and liquidity risks. Given our vantage point from where we sit in the payment ecosystem, I like to say that we sit at the apex. Some people say we're the plumbing, but I would say that it's pretty sophisticated plumbing. Let me stay with the apex analogy.
In order to ensure that there is no risk in any circumstance, including a failure of a financial institution, no risk of knock-on effect through the daily and weekly settlement of these large values that are flowing every single day, we have systems that have built-in risk mitigations, and multiple layers of those risk mitigations, which include pledging of collateral and valuing collateral. On any day, we have to make sure that we're fully risk-proofed from a liquidity and settlement standpoint. That's also what I'm referring to.