TriOptima receives “Innovation in Derivatives Technology” award from The TRADE for its triReduce and triResolve Margin services

PUBLISHED BY:
Bryony Scragg

DATE:
2016-11-17

TriOptima, a leading provider of OTC derivatives post-trade risk management services and infrastructure, announces today it has received an award for “Innovation in Derivatives Technology” from The TRADE news organisation.

London, New York – 17 November, 2016 – TriOptima, a leading provider of OTC derivatives post-trade risk management services and infrastructure, announces today it has received an award for “Innovation in Derivatives Technology” from The TRADE news organization.

In making the announcement, The TRADE cited innovations that meet buy side requirements in TriOptima’s triResolve Margin service for automated end-to-end margin processing and its triReduce client-cleared compression service.

Joe Parsons, editor of The TRADE Derivatives, said: “Our inaugural derivatives technology innovation award recognizes key achievements that technology has delivered to help the derivatives industry keep up with new challenges. TriOptima has made a number of notable contributions for market participants through its new, web-based margin management service triResolve Margin which enables market participants to cope with the new margin rules for uncleared derivatives and through the expansion of its triReduce service that now includes compression for FX forwards and client-cleared swaps.”

Mireille Dyrberg, Chief Operating Officer of TriOptima, said: “We would like to thank our customers, The TRADE, as well as the TriOptima staff for making this award possible. Such recognition is particularly meaningful as we adjust and expand our services to assist the buy side in meeting market changes and regulatory requirements.” The awards ceremony was held on November 16, 2016 at The Savoy, London.