TriOptima Expands triResolve Margin to Offer SWIFT Payment Infrastructure
TriOptima, a leading infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, today announced that it has completed the first cleared inflation swap compression run at LCH SwapClear.
TriOptima, a leading infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, today announced that it has reduced notional outstanding at Eurex Clearing by 26% following a record compression run on June 26, 2019.
TriOptima, a CME Group company, won ‘Compression Service of the Year’ at the GlobalCapital Americas Derivatives Awards 2019. Winners were announced at an awards dinner at the Metropolitan Club in New York on Thursday, May 30, 2019.
TriOptima, a CME Group company, and CLS, a market infrastructure delivering settlement, processing, and data solutions for the global FX market, have won ‘best new post-trade solution’ at the FTF Awards 2019. The award was voted for by market participants.
The recent guidance to support the timely and smooth implementation of the initial margin rules is a welcome reprieve for smaller market participants coming into scope in 2019/20.
店頭デリバティブ取引ポストトレードのリスク管理のためのインフラを提供し、店頭デリバティブ取引に係るコスト及びリスク削減に貢献するトライオプティマ社は、トライカルキュレートに当初証拠金分析機能を追加した事を、本日発表しました。この新機能により、当初証拠金規制の対象金融機関様は、規制対象となるカウンターパーティの特定及び計算方法（SIMM vs 標準法）によるIM額の差異を確認する事が可能になります。
TriOptima, a leading infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, today announced that it has launched triCalculate IM Analytics which provides crucial insight into the options for initial margin (IM) calculation, helps with the identification and prioritization of in-scope counterparties and aids trading decisions to reduce future IM costs.
TriOptima, the leading multilateral compression provider that lowers costs and mitigates risk in OTC markets, today announced that it has set a new record for its triReduce portfolio compression service. In 2018, TriOptima compressed $250 trillion gross notional value of trades at LCH SwapClear, an annual increase of 31%.
WATERS TECHNOLOGY | Victor Anderson
WatersTechnology | James Rundle
The ranking places the firm in the top 25 risk technology vendors globally for its risk analytics service, triCalculate.
TriOptima has been recognised as the Best Buy Side Technology Provider at the 2018 Buy Side Technology Awards, hosted by WatersTechnology.
TriOptima, the award-winning infrastructure service provider for OTC derivatives, announces today that it can simplify compliance with the initial margin (IM) rules with its end-to-end solution that requires just one simple trade file.
FINOPS | Chris Kentouris
Requirements for the mandatory exchange of initial margin (IM) are expected to be time‑consuming and laborious to implement. David White, head of sales at triResolve, discusses the lessons learned from in‑scope firms, obstacles to achieving compliance and how automation can increase operational efficiency
FOW | Louisa Chender
NEX’s TriOptima business has been recognised as a Category Leader by independent research firm Chartis in its latest report: Technology Solutions for Credit Risk 2.0.
WATERS TECHNOLOGY | Wei-Shen Wong
WATERS TECHNOLOGY | Wei-Shen Wong
TriOptima's triCalculate and triResolve services were awarded the ‘Best Sell-Side Analytics Product’ and 'Best Sell-Side Reconciliation Platform' awards respectively at the 2018 Sell-Side Technology Awards, hosted by WatersTechnology.
The triCalculate service was awarded the ‘Best Sell-Side Analytics Product’ award at the 2018 Sell-Side Technology Awards.
FINADIUM | Anna Reitman
GlobalCollateral’s MTU to link with NEX’s triResolve Margin, enabling users to centralize margin call operations.
We are pleased to announce that triResolve Margin now provides support for cleared trades and TBAs.
「 機能が充実し、簡単に使用出来、短時 間で精度の高い計算を行うXVA計算ツー ルを探していた。なお、インストール型の ソフトウェアは導入に時間がかかり、費用 も膨大であったため選択肢から外してい た。triCalculateは革新的なサービスであ り、弊社の要求を全て満たしていた。」
NEX Optimisation’s triReduce CLS FX service was awarded the Best New Technology Product for Post Trade at the 2017 FOW International Awards.
取引サイクル全般にかかる複雑性の削減と顧客リソースの効率化に注力するNEX Optimisationは、triCalculate XVA (Valuation Adjustment)サービスにKVA（Capital Valuation Adjustment）分析機能を追加した事を、本日発表しました。KVAは、店頭デリバティブ取引の残存期間にかかる資本コストを計算します。
SECURITIES LEADING TIMES | Drew Nicol
NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that triResolve Margin now has over 100 clients.
NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that it has introduced capital valuation adjustment (KVA) analytics to its triCalculate XVA (Valuation Adjustment) service. KVA calculations determine the lifetime costs of capital as part of the pricing of an OTC derivative.
Established less than two years ago, triReduce CLS FX has already eliminated nearly $3 trillion in gross notional value from participants’ outstanding FX forward and swap portfolios – of which $2 trillion was eliminated in the last six months alone.
TriOptima won the 'Best Collateral Management Solution', and Jenny Nilsson, product marketing executive for triResolve, answers questions from FTF News on the state of collateral management.
triReduce and CME Group completed the first cleared, non deliverable (ND) interest rate swap (IRS) compression in Brazilian Real (BRL) on September 22, 2017.
NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that participants in its triReduce compression service have eliminated over $1 quadrillion (1,000 trillion) in OTC derivative notional principal since its introduction in 2003.
Derivatives users have eliminated more than US$1 quadrillion of notional outstanding in over-the-counter swaps through NEX Optimisation’s triReduce multilateral compression service since its 2003 launch by TriOptima.
店頭デリバティブ市場におけるコスト低減とリスク削減を提供するNEXグループの一員であるTriOptimaは、triResolve Marginが、投票の結果、FTF News Technology Innovation AwardsのBest Collateral Management Solutionを受賞した事を発表しました。
TriOptima, a NEX Group business which lowers costs and mitigates risk in OTC derivatives markets, announces today that its triResolve Margin service was voted Best Collateral Management Solution in the FTF News Technology Innovation Awards.
REUTERS | Helen Bartholomew
TriOptima announces today that it has included client cleared trades in a triReduce Mexican peso (MXN) compression cycle in CME Clearing for the first time.
triCalculate leads the market in offering a Margin Valuation Adjustment (MVA) service that facilitates accurate pricing of whole portfolios and new OTC derivative trades.
PROFIT & LOSS
triCalculateは、MVA (Margin Valuation Adjustment) サービスを追加する事により、店頭デリバティブポートフォリオのより精緻な計算をサポートします。
FINANCE MAGNATES | Jeff Patterson
PROFIT & LOSS | Galen Stops
MARKETS MEDIA | Shanny Basar
CLS Group (CLS) and TriOptima announce today that counterparties have eliminated USD1 trillion in gross notional value from their outstanding FX forward and swap portfolios using the triReduce CLS FX Forward Compression Service.
TriOptima, a NEX Group business which lowers costs and mitigates risk in OTC derivatives markets, announces today that over 60 clients have adopted its triResolve Margin service in anticipation of the new variation margin regulations effective 1 March 2017.
GLOBAL CAPITAL | Ross Lancaster
ロンドン、ニューヨーク、 2017 年2 月16 日 店頭デリバティブ市場におけるコスト低 減とリスク削減を提供するNEX グループ、その一員であるTriOptima は、60 社を越す顧客が 2017 年3 月1 日に施行される変動証拠金規制に対応するために、triResolve Margin サービ スの利用を開始した事を発表しました。これらの顧客には、みずほ銀行、北欧のサンポグル ープ、トルコのガランティ銀行、ユーロフィーマ及びアイルランド銀行、またバイサイド及 び事業法人などが含まれています。
FINANCIAL NEWS | Samuel Agini
FINANCIAL NEWS | Tim Cave
TriOptima, a leading provider of OTC derivatives post-trade risk management services and infrastructure, announces today it has received an award for “Innovation in Derivatives Technology” from The TRADE news organisation.
FX WEEK | Laura Matthews
TriOptima, a leading provider of OTC derivatives post-trade risk management services and infrastructure, announces today that an increasing number of financial institutions are joining the triResolve Margin service in anticipation of the new variation margin rules for non-cleared OTC derivatives effective 1 March 2017.
TriOptima, a leading provider of OTC derivatives post-trade risk management services and infrastructure, announces today that the first client-cleared trades were included in the most recent SwapClear compression cycle for Canadian Dollar (CAD) interest rate swaps. The entire CAD cycle had 18 participants who eliminated $1.38 trillion CAD (US$ 1.05) in notional principal.
On 26th August 2016 the first ever compression cycle in NDF's and non-CLS currencies was successfully completed. The scope for the run was Asian currencies, and included USD/CNH forwards as well as NDF's on USD/CNY, USD/IDR, USD/INR, USD/KRW, USD/MYR, USD/PHP and USD/TWD.
MARKETS MEDIA | Shanny Basar
TriOptima and CME Clearing members completed the first triReduce compression cycle for cleared Mexican (MXN) peso swaps terminating 35% of the MXN interest rate swap notional outstanding in CME Clearing.
CLS-TriOptima win the FX Week Best Post-Trade Services Provider award for their FX compression service.
FINREG | Helen Bartholomew
TriOptima has published a whitepaper entitled “Post Trade Risk Mitigation in Asia”. The whitepaper claims that adoption of post trade initiatives in the region are growing and provides a summary of clearing requirements and the OTC derivatives landscape in the Asia Pacific region.
FOW | Julie Aelbrecht
GLOBAL CAPITAL | Dan Alderson
TriOptima announces that Eurex Clearing members completed the first successful triReduce compression cycle for cleared euro (EUR) interest rate swaps (IRS).
FINEXTRA | TriOptima
TriOptima announces that its triResolve Repository Reconciliation service is actively reconciling data reported to The Depository Trust & Clearing Corporation’s Global Trade Repository by institutions regulated by the Monetary Authority of Singapore, the Australian Securities and Investments Commission and the Hong Kong Monetary Authority.
TriOptima announces that Nasdaq members completed the first successful compression cycle for cleared Swedish Krona (SEK) interest rate swaps.
RISK.NET | Luke Clancy
JOHN LOTHIAN NEWS | Sarah Rudolph
EUROMONEY | Solomon Teague
LEAPRATE | Maria Nikolova
TriOptima announces today that market participants have eliminated more than $750 trillion in notional principal outstanding using triReduce, its risk-constrained, multilateral compression service for OTC derivatives, established in 2003.
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 TRADE | Joe Parsons
GLOBAL INVESTOR | Paulina Pielichata
FINANCIAL TIMES ONLINE
MARKETS MEDIA | Shanny Basar
TriOptima announces today that 18 banks participated in the first triReduce inflation swap compression cycle terminating $98.5 billion notional in inflation index swaps for the European Union: EUR- Excluding Tobacco-Non-revised Consumer Price Index.
MARKETS MEDIA | Shanny Basar
TriOptima, an award-winning post trade infrastructure provider, announces the launch of its latest post trade service, triResolve Margin, a web-based, end-to-end margin processing solution delivered in collaboration with AcadiaSoft.
IFR | Mike Kentz
TriOptima announces that JSCC members terminated ¥72.5 trillion in the first unlinked compression cycle for JPY interest rate swaps (IRS) in JSCC. This is an increase of 44.4% over the notional terminated in September’s compression cycle. Since January 2015, triReduce compression cycles have reduced JSCC ¥ IRS notional outstanding by ¥316.5 trillion.
CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) financial market infrastructure, and TriOptima, a leading provider of OTC derivatives post-trade and risk reduction services, announce today that they have launched the triReduce CLS Forward FX Compression Service completing the first successful compression cycle for FX forwards and swaps transactions.
TriOptima, a leading provider of OTC derivatives post trade risk services, announces today that its triResolve Repository Reconciliation service has been awarded Most Innovative Data Product/Service by Financial News. The award was presented at Financial News’ annual Trading and Technology Awards on 21 October 2015.
TriOptima announces today that 18 participants eliminated $1.6 trillion Canadian Dollar (CAD) in LCH.Clearnet’s SwapClear. This represents 20% of the interdealer CAD notional outstanding in CAD cleared interest rate swaps in the clearinghouse (CCP).
TriOptima announces today that 12 participants eliminated 902.3 Billion NZD ($590.2 Billion) in the first NZD compression cycle in LCH.Clearnet’s SwapClear. According to SwapClear, this represents 30% of the NZD notional and 35% of the NZD line items outstanding in the clearinghouse.
JOHN LOTHIAN NEWS
Thirteen major global banks, ICAP plc and market infrastructures The Depository Trust & Clearing Corporation (DTCC) and Euroclear have joined forces with AcadiaSoft, Inc. to solve a vexing industry problem involving margin flows.
IFR | Mike Kentz
TriOptima announces today that 20 financial institutions have reduced notional principal outstanding by AUD 2.15 Trillion ($1.65 trillion USD) in the first triReduce compression cycle for unlinked, cleared AUD interest rate swaps in LCH.Clearnet’s SwapClear. This cycle reduced dealer to dealer AUD interest rate swap notional outstanding at SwapClear by almost 21%.
TriOptima announces today that 18 financial institutions, including 7 major Japanese banks, have reduced notional principal outstanding in Japanese Yen (¥) interest rate swaps (IRS) by ¥79.02 trillion ($641billion USD) in JSCC’s third triReduce compression cycle.
TriOptima, a leading provider of OTC derivative post trade risk management services, announces today that 11 financial institutions eliminated $8.8 billion notional principal outstanding in the first USD/KRW (Korean Won) cross currency swap triReduce compression cycle.
PROFIT & LOSS
TriOptima, leading provider of OTC derivatives post trade risk services, announces today that it has entered into arrangements with CME Group to enable TriOptima to offer triReduce risk-constrained multilateral compression for interest rate swaps (IRS) to house accounts of CME Group IRS clearing members.
TriOptima announces today that Taipei Fubon Commercial Bank (Fubon) is the first Taiwanese financial institution to join its triResolve portfolio reconciliation service. triResolve has grown 350% in Asia Pacific since 2012; and the service continues to add subscribers in the region. Currently 1,300 firms use triResolve globally.
The London Bullion Market Association (LBMA) and TriOptima, leading provider of OTC derivatives post trade risk services, announce today that twelve market participants eliminated 99% of their outstanding gold interest rate swap (IRS) trades with each other prior to the discontinuation of the Gold Forward Offer Rate (GOFO) fixing on January 30, 2015.
CLS Group (CLS), the global FX financial market infrastructure, and TriOptima, a leading provider of OTC derivatives post-trade risk management services and infrastructure, today announced they will be collaborating to deliver an FX forward compression service to the market.
TriOptima announces today that its triReduce compression service has received the Risk Magazine OTC Infrastructure Service of the Year Award.
17 financial institutions eliminated $213 billion in the first USD/TRY (Turkish Lira) cross currency swap triReduce compression cycle.
TriOptima announces today that it has cooperated with Japanese Securities Clearing Corporation (JSCC) to complete the first compression cycle for cleared JPY interest rate swaps in JSCC.
TriOptima, a leading provider of OTC derivative post trade risk management services, announces today that data connectivity between the DTCC Derivatives Repository Ltd (DDRL) and TriOptima’s triResolve portfolio reconciliation service is live and operational.
Client participation in cross currency swap compression cycles has grown from 12 to 20 institutions since its introduction earlier this year, eliminating $500 billion in notional principal outstanding.
TriOptima, leading provider of OTC derivative post trade risk services, announces that its triResolve service for portfolio reconciliation offers a solution to the unmatched trade problem reporting institutions are facing in European trade repositories.
Impending regulatory changes in Asia Pacific (APAC) have prompted leading financial institutions to proactively reconcile their portfolios and manage their collateral disputes, according to TriOptima, leading provider of OTC derivative post trade services.
TriOptima, leading provider of OTC derivative post trade services, announces that LCH.Clearnet’s SwapClear members have eliminated $284.3 billion in notional in the first triReduce and SwapClear compression cycle for cleared South African rand (ZAR) interest rate swaps.