New Service Automates Collateral Messaging and Reduces Risk In OTC Derivative Markets

DTCC, MarkitSERV and AcadiaSoft are working to deliver a joint solution for improving communication related to setting and maintaining the collateral required between counterparties to over-the-counter (OTC) derivative transactions. The solution is the first step taken by the three companies to develop a multi-functional collateral processing platform for the OTC derivative market.

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