Industry participants use triReduce Credit compression to maintain operational efficiency and to reduce exposure. We offer cycles in indices, single names, tranches, mortgage products and emerging market swaps.
We are also able to schedule bespoke CDS compressions for specific subsets of reference entities as part of our triReduce On Demand service.
Meeting industry commitments
In order to aid the industry in achieving standardisation and clearing targets, we offer many forms of standardisation and compression cycles across single names and index tranche trades while continuing to schedule compression cycles in all major CDS indices.
Credit event management
We have always assisted the industry in meeting the challenges of credit events from the first special default cycles for the automotive industry through the bankruptcies of the financial crisis. Since then, the industry has regularly turned to us to assist with reducing their exposures to credit event processing.
We understand the importance of facilitating data exchange and automating workflow. All our triReduce Credit services interoperate with DTCC’s Trade Information Warehouse to save our clients time and effort and ensure data record accuracy.
Special credit events