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SwapClear to Use Markit’s New Netting Service

November 19, 2015 by Eugene Grygo

The SwapClear clearinghouse is using a netting synchronization service for cleared, over-the-counter (OTC) derivatives just launched by financial information services vendor Markit. Markit is introducing the service in a bid to help banks “automatically update their risk systems after netting and compression activity at their clearing houses,” say vendor officials. “Netting exposures within a clearing… Read More >>

Filed Under: Derivatives Operations, Derivatives Processing, Securities Operations, Clearing, Data Management, Operational Risk, Risk Management, Settlement, FinTech Trends, Back-Office, Regulation & Compliance, Derivatives, Regulatory Compliance Tagged With: block trades, clearing, data management, LCH.Clearnet, Markit, MarkitSERV, OTC derivatives, post-trade execution, post-trade operations, regulatory reporting, risk management, SwapClear, trade confirmation, trade reporting

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