Charles River Development and SwapsWire, have joined forces to deliver automatic trade confirmations for over-the-counter (OTC) Interest Rate Swaps in the upcoming Charles River Investment Management System Version 8.2.
“We are very pleased to partner with one of the industry’s most established post trade platforms. Derivatives trading has become an increasingly important component of our clients’ daily trading activity. SwapsWire recognizes our ability to fully support buy-side clients’ needs, including the trading of a wide variety of complex asset classes, such as derivative instruments,” says Peter Lambertus, president and CEO, Charles River Development.
“We chose to work closely with Charles River as a buy-side integration partner for delivering straight-through processing (STP) for interest rate swaps. Charles River has a broad client base and proven expertise in facilitating STP for OTC derivatives, including credit and interest rate swaps. Moreover, Charles River is committed to delivering the best derivatives trading functionality in the market,” adds Chip Carver, CEO, SwapSide.