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triReduce - portfolio compression & early termination service
triReduce Rates

reduces costs and capital in a competitive market


Since TriOptima introduced compression for interest rate swaps, its triReduce service has expanded to other types of rates-based transactions and 27 currencies around the world. Cleared as well as uncleared swaps are now compressed. And TriOptima offers triReduce On Demand for firms who want to target specific bilateral relationships for compression.

Additional product coverage
Cross Currency Swaps
Inflation Swaps
Amortizing Interest Rate Swaps
Overnight Index Swaps (OIS)
Forward Rate Agreement (FRA)
Compounding Interest Rate Swaps
FX Forwards

Over 210 participants
triReduce Rates participants include global and regional financial institutions, investment managers, hedge funds, asset managers, and pension fund managers.

27 global currencies

New capital rules affecting uncleared as well as cleared swaps create a strong incentive to terminate trades in any currency where trading exists. TriOptima now offers cycles in 27 currencies.

$450 trillion and counting
As the focus on reducing exposures, line items and capital charges increases, termination volumes continue to accelerate. Through March 2014 triReduce eliminated $450 trillion in notional principal for cleared and uncleared swaps. But that number is dynamic and grows each month.

Integration
TriOptima also maintains relationships with CCPs and other key infrastructure providers to assist clients with their automation processes and achieve real straight-through-processing. Transaction data is regularly exchanged with these service providers to ensure customer records in all systems are updated and accurate.

triReduce On Demand
TriOptima offers triReduce On Demand to respond quickly and flexibly to industry needs outside of our scheduled multilateral compressions.  Firms control the timing and product class involved, making triReduce On Demand ideal for bilateral compressions, inter-entity termination and internal unwinds within the same entity. 

Currencies

AUD Australian Dollar
BRL Brazilian Real
CAD Canadian Dollar
CHF Swiss Franc
CLP Chilean Peso
CNY Chinese Yuan
CZK Czech Koruna
DKK  Danish Krone 
EUR  Euro 
GBP  British Pound Sterling 
HKD  Hong Kong Dollar 
HUF  Hungarian Forint 
ILS     Israeli Shekel
INR  Indian Rupee 
JPY  Japanese Yen 
KRW  (South) Korean Won 
MXN  Mexican Peso 
MYR    Malaysian Ringit
NOK  Norwegian Krone 
NZD  New Zealand Dollar 
PLN  Polish Zloty 
SEK  Swedish Krona
SGD  SIngapore Dollar 
THB  Thai Baht 
TWD  Taiwan Dollar 
USD  US Dollar 
ZAR  South African Rand    



Compatible platforms
MarkitWire
LCH.Clearnet SwapClear






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Disclaimer
Interest Rate Trade Reporting Repository
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