November 18, 2015 BY Maria Nikolova

Markit's netting synchronisation service for cleared OTC derivatives goes live

Provider of financial information services Markit Ltd (NASDAQ:MRKT) on Tuesday announced the launch of a service designed to help banks automatically update their risk systems after netting and compression activity at their clearing houses. The service went live with LCH.Clearnet’s SwapClear and is due to expand to other clearing houses. Netting exposures within a clearing…

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