TriOptima completes first compression cycle with JSCC for cleared JPY Interest rate swaps

16 December 2014

New York/London – December 16, 2014 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.

Fourteen major Japanese and international financial institutions eliminated JPY 9.86 Trillion ($82.24 Billion) in notional principal in JSCC’s first triReduce multilateral risk-constrained compression cycle.

Eliminating notional principal reduces operational risk and contributes to complying with Basel III leverage ratio requirements and overall stability in the global financial system.

“We look forward to working together with JSCC to offer multilateral compression to its members on a regular basis,” said Peter Weibel, CEO of triReduce.

Currently TriOptima offers compression in several clearinghouses for cleared interest rate swaps and for uncleared swaps in 27 currencies globally.

For further information, please contact:

Susan HinkoHead of Industry Relations+1 646 744
Candice AdamArgentus PR+44 (0)20 7397

About TriOptima

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 and validate repository data; 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.

Contact Us

Bryony Scragg
Head Of Media Relations +44 20 7818 9689 LinkedIn
Bryony scragg
Casey Sheets
Media Relations (US) +1 212 521 4627 LinkedIn
Casey Sheets


Loading related stories.


Browse media and documents
which are available to download.

Images & Video


Keep up with the latest coverage
of NEX and its industry experts.

See all articles