Following an initial announcement in April, private equity giant KKR has completed its acquisition of OSTTRA — jointly owned by S&P Global and CME Group — a post-trade provider valued at $3.1 billion whose major offerings are the MarkitServ, Traiana, TriOptima, and Reset solutions for over-the-counter (OTC) markets. Earlier this year, S&P Global and CME… Read More >>
FIS & OSTTRA Push for More ETD Transparency
Financial technology provider FIS Global and post-trade solutions provider OSTTRA have launched a partnership aimed at yielding new avenues of transparency to clients via real-time clearing status views into the post-trade lifecycle of exchange-traded derivatives (ETD), officials say. “Through the partnership, the OSTTRA network of investment management clients will benefit from receiving a real-time clearing… Read More >>
RA Capital Picks Xenomorph & Other News Briefs
Xenomorph to Support Key Groups at RA Capital Boston-based investment manager RA Capital has selected data management solutions vendor Xenomorph to provide enterprise data management (EDM) support for the firm’s bio-tech and financial data needs, officials say. “We were diligent in the selection of RA Capital’s data platform. We wanted more than a standard security… Read More >>
