Citi Global Transaction Services has launched an over-the-counter (OTC) derivatives service that consolidates and simplifies the post-trade execution process. The service offers a full range of middle and back office services on a single platform, including confirmation, settlement, valuation services, collateral management, margin management and access to Citi’s global clearing network. The service features connectivity to all major execution venues and clearing houses, daily valuation services, margin and collateral optimization and extensive reporting. The web-based interface allows full intra-day visibility into key contract lifecycle events.
Click here for the release from Citi.