Trade Capture

Manage trade notifications via our unparalleled network. A single connection enables sourcing of execution notices from hundreds of venues or publishing to thousands of clients. Powerful data transformation enables seamless integration with downstream systems, automating the trade booking process.

Trade Affirmation

Affirm Credit Derivative trades submitted by counterparties, triggering legal confirmation and subsequent trade processing workflows on OSTTRA TradeServ.

Trade Matching & Confirmation

Submit and match trades with counterparties to achieve full legal confirmation via our centralised platform. Used by all market participants, OSTTRA TradeServ delivers high levels of automation for trade and all lifecycle events, with streamlined resolution of disputes in real time.

Clearing Connectivity

Facilitate the complete clearing workflow for Credit Derivatives, with fully integrated connectivity enabling submission and receipt of trades and events with all four Credit CCPs: ICE Clear Credit. ICE Clear Europe, LCH SA and JSCC.

Trade Reporting

Report Credit Derivative trades in multiple jurisdictions as part of our seamless Credit Derivative processing workflow. Using configurable rules and standardised data for each counterparty, OSTTRA TradeServ for Credit supports the full reporting lifecyle, including UTI generation, initial submission and lifecycle events.

Portfolio Reconciliation

Automate portfolio reconciliation across multiple counterparties and trade repositories via our unrivalled network. Streamlined, exception-based workflows efficiently detect and resolve disputes and differences.

Initial Margin Analytics

Calculate trade sensitivities and analyse initial margin requirements based on standard models.

Collateral Management

Calculate, manage and automate collateral requirements via a consolidated dasboard for maximum operational efficiency.

XVA Calculations

Streamline XVA risk calculations via our centralised service that uses transparent, consistent models across Credit instruments.

Cash Flow Management

Exchange and match cashflow messages via our centralised hub, automating periodic payments and streamlining the settlement process.

Portfolio Compression

Compress Credit Derivative portfolios on a multilateral basis, terminating trades to reduce capital and operational costs, critical in times of market stress.

Counterparty Risk Optimisation

Optimise Credit Derivative portfolios by lowering initial margin funding costs and SA-CCR capital requirements, freeing up collateral, and reducing systemic risk.