\ For Interest Rate Derivatives

The essential core of the Rates post-trade community

The new home of MarkitServ, Traiana, TriOptima & Reset

 

Critical to confirming and processing Interest Rate Derivatives. Pivotal to optimising trillions in notional outstanding. And instrumental in reconciling and reducing risk across global portfolios.

\ For Interest Rate Derivatives
\ For Interest Rate Derivatives

Connecting more than 1,700 global counterparties to ensure streamlined booking of Interest Rate Derivative trades.

Mitigating risk with pre-trade limit checks, ensuring trade certainty for cleared Interest Rate Derivative transactions.

Processing more than 50,000 Interest Rate Derivative trades per day, from affirmation, through legal confirmation, to lifecycle events and regulatory reporting.

Reconciling validating and aligning portfolios across more than 2,000 counterparties.

Analysing risk, margin and valuation metrics with more than 10 trillion calculations per second.

Optimising capital allocation, counterparty credit risk and collateral management across interest rate portfolios.

The network that underpins global Interest Rate Derivatives trade processing

Our network is critical to the efficient post-trade processing and optimisation of Interest Rate Derivatives. Our central platform, OSTTRA MarkitWire, is connected to thousands of counterparty EMS, OMS and risk systems, allowing for seamless legal confirmation through affirmation, triggering downstream processes including clearing and trade reporting.

OSTTRA triResolve and OSTTRA triReduce, our reconciliation and optimisation services, ensure Interest Rate portfolios are accurate and effectively managed for optimum allocation of capital and collateral.

 

Explore our Interest Rate Solutions

Trade Notification

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.

Limit Checking

Check limits in real time pre-trade, meeting Interest Rate trade certainty obligations prior to execution and clearing.

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.

Cashflow Affirmation

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

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.

XVA Calculations

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

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.

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.

Before coming together as OSTTRA, MarkitServ, TriOptima and Reset partnered with the Rates community through twenty years of electronification, risk reduction and regulatory change. This unique combination is now perfectly placed to navigate the next two decades of market evolution, working in close collaboration with our customers and partners to embrace new opportunities to standarize, automate and optimise Interest Rate markets.”

James McLoughlin, Head of Credit & Rates

Contact our team of Rates Experts

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