TriOptima, the trade processing firm, has increased the amount of derivatives transactions that it reconciles using its TriResolve service. The firm estimates that TriResolve now captures 40% of all OTC derivatives trades globally.
Currently 7 million live trades are reconciled regularly on TriResolve. This figure is up from 4 million trades at the end of last year.
TriResolve is a web-based system used by dealers, regional banks and buy-side firms to reconcile over-the-counter derivative portfoli