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Commerzbank and Clearstream today announced a strategic partnership offering their clients increased efficiency, reduced risk and seamless processing to cleared and uncleared OTC derivative transactions. The new TradeCycle service will be launched in Q4 2013 and is the first integrated service of its kind. The joint offering will provide clients access to an integrated management solution for the OTC derivative trade lifecycle: from trading to clearing, settlement and custody, including key services such as advisory, valuation, and collateral management. Market participants will benefit from an end-to-end solution for the handling of OTC derivatives which will allow them to minimise operational inefficiencies, funding costs, enhance yield and improve their risk management as well as...
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