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 Interest Rate Derivative trades submitted by counterparties, triggering legal confirmation, trade booking into risk systems, and subsequent trade processing workflows on OSTTRA MarkitWire.

Trade Matching and Confirmation

Automate full legal confirmation of trades and lifecycle events via our centralised platform, using market agreed terms and trade association documentation, with streamlined resolution of disputes in real time.

Allocations Processing

Manage submission and confirmation of pre and post trade allocations at fund and account level as part of our automated trade processing workflow.

Clearing Connectivity

Facilitate the complete clearing workflow for Interest Rate Derivatives, with fully integrated connectivity enabling submission and receipt of trades and events with all major global CCPs.

Trade Reporting

Report Interest Rate Derivative trades in multiple jurisdictions as part of our seamless Rates Derivative processing workflow. Using configurable rules and standardised data for each counterparty, OSTTRA MarkitWire for Rates supports reporting for Regulated Venues and counterparties 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 FX instruments.

Cash Flow Management

Automating the cash-flow-processing challenge with a standard workflow and matching engine, to reduce risks and deliver transparency.

Portfolio Compression

Compress Interest Rate Derivative portfolios on a multilateral basis, terminating trades to reduce capital and operational costs.

Counterparty Risk Optimisation

Optimise Interest Rate Derivative portfolios on a multilateral basis to lower initial margin funding costs and SA-CCR capital requirements, freeing up collateral, and reducing systemic risk.

Basis Risk Optimisation

Manage basis risk in Interest Rate portfolios using our services to reduce fixing and strike risks that accumulate over time.