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Testimonials
Testimonials
Create, collaborate - partners in innovation
There are over 100 triReduce subscribers around the world. Some are institutions local to the market (e.g., South Africa, New Zealand, Australia), some are focused on the energy markets (e.g., EDF Energy Merchants, Electrabel) and some are global institutions with trading operations in multiple locations covering a full range of rates, credit and energy transaction types (e.g., Barclays, Citigroup, Deutsche Bank, JPM Chase, Lehman Brothers, Morgan Stanley).Whatever their business and wherever they are located, our subscribers recognize the substantial benefits that participation in triReduce bring them.
TriOptima's service is an efficient way to unwind offsetting trades and reduce outstanding notionals without affecting our net risk position. Reducing the number of active trades on our books helps us to control operational costs with no adverse effects on our trading activity. Tom Benison
Vice President Credit Derivatives
JPMorgan
The benefits in terms of reduced operational risk from the unwinding of significant numbers of derivatives transactions are clear and quantifiable. We believe that portfolio housekeeping of this sort constitutes healthy market practice and expect TriOptima to be a regular part of our book management in the future." Michael Bass
Global Head, Interest Rate Derivatives
Standard Chartered Bank
This new innovation allows us to optimize risk/reward in the trading portfolio. Portfolio housekeeping is part of a disciplined management of risk. TriOptima's service proved extremely efficient for the reduction of operational risk. The triReduce cycle managed to unwind 80% of the deals submitted, which were deadweight in the SG CIB portfolio representing risk and cost with no reward. Jerome Malka
Head of Energy Trading
Societe Generale Corporate and Investment Banking (SG CIB)