triReduce Rates

INTRODUCING TRIREDUCE RATES

Recognised as the innovator and leader in multilateral portfolio compression, triReduce Rates simplifies portfolios by reducing notional exposures and line items for cleared and non-cleared OTC derivative trades.

With Trade Revision, triReduce Rates delivers a significant increase in compression efficiency by amending multiple trade characteristics in a CCP simultaneously. Take a look at our video below.

The benefits of compression are reduced capital costs, reduced operational risks and costs and proactive management of counterparty credit exposures.

triReduce collaborates with 6 CCPs: LCH SwapClear, CME, JSCC, NASDAQ, Eurex and ASX to offer their members the award-winning triReduce Rates service. We offer compression in 28 currencies, multiple products and both deliverable and non-deliverable currencies.

The best compression efficiency is achieved by a combination of a deep liquidity pool and leading-edge methodology. triReduce grows the compression pool by supporting clearing members, Future Commission Merchants (FCMs), Clearing Brokers (CBs) and clients to all compress in the same cycle.

DOWNLOAD CLIENT CLEARED FACTSHEET DOWNLOAD TRADE REVISION FACTSHEET

Low Touch Compression

The compression engine of the future

As operational and capital costs grow, financial institutions are looking for a compression service to ease the strain and handle complex data accurately. Our sophisticated Low Touch Compression (LTC) solution is built to maximise capital efficiencies and minimise costly errors.

The simplified process and lightweight data requirements make LTC easy to use without sacrificing robustness.

reduce costs and capital in a competitive market

Product scope

Interest Rate Swaps
Overnight Index Swaps (OIS)
Forward Rate Agreements (FRA)
Amortizing Interest Rate Swaps
Compounding Interest Rate Swaps
Cross Currency Swaps
Inflation Swaps
Basis Swaps

Over 260 subscribers

Our triReduce Rates service is available to financial institutions such as global and regional financial institutions, investment managers, hedge funds, asset managers, and pension fund managers.

28 global currencies

New capital rules affecting non-cleared as well as cleared swaps create a strong incentive to terminate trades in any currency where trading exists. We are pleased to now offers cycles in 28 currencies.

WHAT CURRENCIES ARE AVAILABLE?

AUD	Australian Dollar	INR	Indian Rupee
BRL	Brazilian Real	JPY	Japanese Yen
CAD	Canadian Dollar	KRW	(South) Korean Won
CHF	Swiss Franc	MXN	Mexican Peso
CLP	Chilean Peso	MYR	Malaysian Ringit
CNY	Chinese Yuan	NOK	Norwegian Krone
COP	Colombian Peso	NZD	New Zealand Dollar
CZK	Czech Koruna	PLN	Polish Zloty
DKK	Danish Krone	SEK	Swedish Krona
EUR	Euro	SGD	Singapore Dollar
GBP	British Pound Sterling	THB	Thai Baht
HKD	Hong Kong Dollar	TWD	Taiwan Dollar
HUF	Hungarian Forint	USD	US Dollar
ILS	Israeli Shekel	ZAR	South African Rand

Benchmark Conversion

Moving legacy LIBOR swap risk to new alternative benchmarks

In 2017 Andrew Bailey (UK FCA) announced that banks will no longer be required to contribute to LIBOR fixings beyond the end of 2021, although LIBOR and alternative rates are expected to coexist for some time. TriOptima’s new benchmark functionality will assist the swaps market in making the orderly conversion to the new reference rates.

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec, EBS, TriOptima, and Traiana are trademarks of BrokerTec Europe LTD, EBS Group LTD, TriOptima AB, and Traiana, Inc., respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.

TriOptima AB. Registered Address: Mäster Samuelsgatan 17, 111 44 Stockholm, Sweden.
Org no.: 556584-9758.

T: + 44 (0)20 7818 9000 E: info@trioptima.com