DBS to use triResolve for portfolio reconciliation
South East Asia’s DBS Bank has joined triResolve, TriOptima’s counterparty exposure management service for over the counter derivatives portfolio reconciliation and dispute resolution.
The OTC post-trade solutions provider was purchased by interdealer broker ICAP in March, for an initial payment of Skr1m ($141,000) in cash. The Swedish firm joined a number of other companies in Icap’s newly formed post-trade risk division.
Its triResolve service aims to provide regional banks and buy-side institutions with...