We’re very pleased to support our colleagues at #SwapAgent through our various optimisation services including Smart Clearing. Quantile’s Smart Clearing service intelligently selects existing uncleared trades which can be swept into SwapAgent and LCH ForexClear and optimises portfolios with new rebalancing trades to manage counterparty risk and reduce financial resource usage, with capital reductions of 50%+. The service is live with regular runs taking place. Get in touch for more information: https://lseg.group/3AwOjf3
SwapAgent has registered its first FX forward in USDJPY, via Quantile - An LSEG Business our colleagues in LSEG Post Trade. Deutsche Bank and Nomura were the counterparties to the trade. Support for FX Forwards provides an important tool to achieve capital efficiencies and optimisation through SwapAgent’s standardised bilateral platform. Evolving Smart Clearing to now include #SwapAgent provides users the opportunity to leverage ForexClear, SwapAgent and Quantile to achieve maximum efficiencies with LSEG. https://lseg.group/3rTirgA