Nasdaq Inc. is acquiring Verafin, based in Canada, and its set of related “anti-financial crime management products.” These related products use “data analytics, machine learning, and visualization and investigation tools.” The Nasdaq platform itself is widely known as the first electronic exchange, and the goal of this acquisition, according to a statement, is to deploy… Read More >>
Eurex Clearing Applies TriOptima’s Portfolio Compression
Eurex Clearing Implements triReduce Post-trade infrastructure provider TriOptima announced that Eurex Clearing members recently completed the first successful triReduce compression cycle for cleared euro (EUR) interest rate swaps (IRS), officials say. “Portfolio compression” reduces the size of an existing over-the-counter, interest rate swaps portfolio “with respect to the number of trades and notional through early… Read More >>
