The processing of collateral interest payments needs automation, and vendors TriOptima and AcadiaSoft are partnering to change that as financial services firms gear up for the onset of the Uncleared Margin Rules (UMR) regulations. Cash collateral accounts for approximately 70 percent of all collateral exchanged for non-cleared derivatives, according to the International Swap Dealers Association… Read More >>
DTCC & TriOptima Target SFTR Deadlines
A solutions provider for over-the-counter (OTC) derivatives trading, TriOptima, is collaborating with post-trade infrastructure services and systems provider DTCC to facilitate new data links to repositories to help their mutual clients meet the Securities Financing Transactions Reconciliation (SFTR) deadlines hitting now in Europe. The E.U.’s SFTR rules are intended to mitigate systemic risk in the… Read More >>
BrokerTec & triResolve Push to Advance Repo Automation
Fixed income electronic trading platform BrokerTec has joined forces with derivatives infrastructure services vendor TriOptima to offer more automation across the mostly manual lifecycle of a repo trade, officials say. The intention is to improve the repo trade workflow, Raf Pritchard, head of triResolve at CME Group, tells FTF News. The triResolve group is part… Read More >>
AcadiaSoft Unveils Central Margining Hub for Derivatives
Norwell, Mass.-based AcadiaSoft, Inc. reports that it has begun industry testing of its Collateral Hub, which it characterizes as the “first ever Central Margining service for non-cleared OTC [over-the-counter] derivatives.” Twenty-eight major banks are participating in the test of the electronic-margin-management system, AcadiaSoft says, noting that its “new service will facilitate industry compliance with impending… Read More >>
Q&A with triResolve
triResolve is one third of the post-trade infrastructure provider TriOptima, which serves the over-the-counter (OTC) derivatives market. Since 2006, triResolve has been embracing the complex world of l OTC derivative portfolio reconciliation. Citing ISDA and the Bank for International Settlements (BIS) statistics, triResolve’s CEO Raf Pritchard says the flagship platform services 75% of the global… Read More >>
