innovating in an industry of innovation
TriOptima, an ICAP Group company, is the award-winning provider of critical post trade infrastructure and risk management services for the OTC derivatives market including triReduce for portfolio compression; triResolve for portfolio reconciliation and dispute resolution; triBalance for proactive portfolio risk management across cleared and uncleared trades; and triQuantify for portfolio risk analytics powered by numerical solution techniques. TriOptima’s core services meet current and anticipated regulatory regulations for OTC derivatives compression and reconciliation.
A network community platform that provides counterparty exposure management services including proactive portfolio reconciliation of OTC derivative portfolios, margin call management, and dispute resolution. Used by 200 firms including all global dealers, regional banks, asset servicers, energy houses, asset managers, and buy-side firms, triResolve regularly reconciles nearly 7 million trades representing over 90% of all collateralized OTC derivative transactions globally. The service benefits trade control, settlement, documentation, collateral and counterparty credit risk functions.
TriOptima’s new service triQuantify delivers an innovative, centralized service for counterparty credit
risk analytics and initial margin calculations for OTC derivatives. In order to deliver unprecedented performance and accuracy, it makes use of the triResolve reconciliation service which holds 90% of all global collateralized OTC trades.
The portfolio compression service for OTC derivative dealer has terminated over $250 trillion in notional principal in interest rate, credit and energy swaps eliminating counterparty credit risk and reducing operational and capital costs. Serving over 150 bank and non-bank subscribers worldwide including the major local and global dealers in derivatives, triReduce is a critical tool for maintaining post trade processing efficiency. triReduce offers compression cycles in cleared IRS in SwapClear and uncleared interest rate swaps in 25 currencies, single name and index CDS swaps worldwide, and a range of energy derivatives.
This TriOptima innovation facilitates proactive counterparty risk management by rebalancing counterparty risk exposure between multiple CCPs and bilateral relationships (in Rates, Credit and Commodities) enabling an efficient use of capital and collateral and ultimately reduce systemic risk.
Listen to Per Sjöberg, Group Chief Executive Officer TriOptima, talk about TriOptima and its services.