TriOptima launches triResolve Margin, an automated end-to-end margin processing solution
12 January 2016
New York, London - 12 January 2016 – 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.
triResolve Margin assists market participants in meeting the challenges posed by the new regulatory requirements for margining uncleared OTC derivatives by automating the margin process in a comprehensive, scalable and cost-effective solution.
With over 1,500 clients already using triResolve to reconcile portfolios and investigate disputes, triResolve Margin builds upon that foundation and, through its AcadiaSoft partnership, delivers exception-based processing with straight-through-processing rules.
triResolve Margin calculates margin requirements leveraging information from triResolve’s reconciled trade, collateral balance, and CSA data, and communicates the automated margin calls through AcadiaSoft’s MarginSphere®. triResolve Margin flags disputed calls and references portfolio reconciliation data for further investigation. Rules-based eligibility checks enable automated agreement of collateral pledges.
“triResolve Margin is a very important breakthrough in margin processing and extremely timely given the impending margin requirements for uncleared trades,” said Raf Pritchard, CEO of triResolve. “By integrating our existing processes with new margin calculation functionality and partnering with AcadiaSoft, our clients can focus on exception-based processing. The new regulations will bring both an increase in operational complexity and margin call volume. It is critical that market participants can easily access an automated, streamlined tool like triResolve Margin to reduce fragmented and manual processing.”
TriOptima is the award-winning provider of post trade risk management services and infrastructure for OTC derivatives. Focused on reducing costs, eliminating operational and credit risk, improving counterparty exposure management, and reducing systemic risk, TriOptima offers a range of services: triReduce to reduce swap inventory and counterparty risk; triResolve to reconcile OTC derivative portfolios, manage disputes, validate repository data, and deliver an automated margin management solution; triBalance to manage cleared and bilateral counterparty risk; and triCalculate to measure and analyze counterparty risk.
TriOptima, an ICAP Group company, maintains offices in London, New York, Singapore, Stockholm, and Tokyo.http://www.trioptima.com
ICAP is a leading markets operator and provider of post trade risk mitigation and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information go to www.icap.com.