Technology Platform of the Year - Trade Information Warehouse, DTCC

The Risk Awards 2007

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With the credit derivatives market more than doubling annually, reaching $26 trillion in notional outstanding as of June last year, regulators on both sides of the Atlantic have rightly been concerned about the industry's ability to keep up with the processing and tracking of deals. Stern warnings from supervisors - notably the UK Financial Services Authority and the Federal Reserve Bank of New York - led to a concerted effort, starting in 2005, to automate as much of the processing as possi