Tag: TriOptima

May 03, 2016 BY LeapRate Staff

ICAP's TriOptima extends triResolve repository reconciliation service to Asian regulators MAS, ASIC, and HKMA

TriOptima, the post trade infrastructure provider owned by interdealer broker ICAP plc (LON:IAP), has announced that its triResolve Repository Reconciliation service is actively reconciling data reported to The Depository Trust & Clearing Corporation (DTCC)’s Global Trade Repository (GTR) by institutions regulated by the Monetary Authority of Singapore (MAS), the Australian Securities and Investments Commission (ASIC)…

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April 18, 2016 BY Maria Nikolova

TriOptima announces completion of first triReduce compression cycle for cleared SEK swaps in Nasdaq

Post trade infrastructure provider TriOptima, part of ICAP plc (LON:IAP), has announced that Nasdaq members completed the first successful compression cycle for cleared Swedish Krona (SEK) interest rate swaps. More than 40% of the cleared outstanding SEK swap inventory was eliminated in this first collaboration between Nasdaq and TriOptima. Johan Rudén, Senior Vice President and…

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March 14, 2016 BY Maria Nikolova

TriOptima compression surpasses $750 trillion in eliminated notional principal

Post trade infrastructure provider TriOptima, part of ICAP plc (LON:IAP), announces today that market participants have eliminated more than $750 trillion in notional principal outstanding via its multilateral compression service for OTC derivatives triReduce. Since the launch of the service in 2003, over 210 financial institutions have participated in this risk-reducing achievement which includes compression…

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March 11, 2016 BY Maria Nikolova

triReduce compression cycle eliminates 40% of PLN notional outstanding in LCH.Clearnet’s SwapClear

TriOptima, a post trade infrastructure provider, part of ICAP plc (LON:IAP), announces today that 18 SwapClear members have compressed 40% of outstanding notional and 49% of outstanding trades in Polish zloty (PLN) interest rate swaps and forward rate agreements (FRA) in the latest triReduce compression cycle. The participants eliminated PLN 2.6 trillion PLN ($654 billion)…

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January 28, 2016 BY Maria Nikolova

TriOptima reports successful first triReduce inflation swap compression cycle

Post trade infrastructure provider TriOptima, part of ICAP plc (LON:IAP), announces today that 18 banks participated in the first triReduce inflation swap compression cycle eliminating $98.5 billion notional in inflation index swaps for the European Union: EUR- Excluding Tobacco-Non-revised Consumer Price Index. Given that inflation swaps tend to be long dated with compounding coupons leading…

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January 12, 2016 BY Mike Fox

TriOptima launches triResolve Margin, an automated end-to-end margin processing solution

TriOptima, the post trade infrastructure solution from ICAP plc (LON:IAP), announced today the launch of its latest post trade service, triResolve Margin, a web-based, end-to-end margin processing solution delivered in collaboration with AcadiaSoft. triResolve Margin assists market participants in meeting the challenges posed by the new regulatory requirements for margining uncleared OTC derivatives by automating the…

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December 08, 2015 BY Maria Nikolova

TriOptima announces completion of first unlinked JPY interest rate swaps compression cycle in JSCC

TriOptima, the subsidiary of ICAP plc (LON:IAP) which provides post trade risk management services and infrastructure for OTC derivatives, today announces that members of Japan Securities Clearing Corporation (JSCC) terminated JPY 72.5 trillion ($588.9 billion) in the first unlinked compression cycle for JPY interest rate swaps (IRS) in JSCC. This marks an increase of 44.4%…

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October 27, 2015 BY Maria Nikolova

CLS, TriOptima join efforts to launch triReduce CLS Forward FX Compression Service

CLS Group (CLS), a provider of risk mitigation and operational services for the global foreign exchange market infrastructure, and TriOptima, a provider of OTC derivatives post-trade and risk reduction services, announce today the launch of the triReduce CLS Forward FX Compression Service completing the first successful compression cycle for FX forwards and swaps transactions. The…

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