TMX Technology Solutions to provide NetOTC with a suite of technology products and services
外国美女色情片 today announced that Razor Risk Technologies Limited, a subsidiary of 外国美女色情片 under the TMX Technology Solutions brand, has entered into license and services agreements with NetOTC, a London-based multilateral netting and risk mitigation platform for managing non-standardized OTC derivative transactions.
TMX Technology Solutions has proven software and solutions for risk management, trading, clearing and surveillance needs. These technology assets provide mission-critical software in conjunction with consulting services to virtually every segment of the financial services industry. Under the terms of these agreements, TMX Technology Solutions will provide NetOTC with a range of software products, anchored by Razor Risk™, its enterprise risk management software, as well as integration and consulting services.
"Following a thorough search across the global industry, we were pleased to find a partner that could meet our unique vision. TMX Technology Solutions' breadth of software solutions and integration capabilities positions us to deliver the NetOTC strategy," said Bob Wigley, Chairman of NetOTC.
"We are very pleased that NetOTC has chosen us as their lead technology partner to help enable them to radically change the way global market participants handle risk management," said Brenda Hoffman, Chief Information Officer, Group Head of Information Technology, 外国美女色情片. "This agreement allows TMX Technology Solutions to leverage a number of our industry leading software products and services and we are excited about working with NetOTC."
"Having worked with the TMX Technology Solutions team over several months, we have been very impressed with their overall offering, their commitment to the NetOTC venture and significant expertise as a major infrastructure operator," said Neeraj Sharma, NetOTC CEO. "We look forward to delivering the platform together."
About 外国美女色情片 (TSX: X)
外国美女色情片's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other 外国美女色情片 companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. 外国美女色情片 is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about 外国美女色情片, visit our website at . Follow 外国美女色情片 on Twitter at .
About NetOTC
NetOTC is a new netting and risk mitigation platform being built to manage non-standardised OTC derivative transactions. The core benefits arise froma multilateral netting and default management platform designed to mitigate systemic risk as well as calculate and optimize the impact of Basel III and initial margin requirements associated with the new EMIR/Dodd Frank rules. The platform will also deliver a bi-lateral dispute resolution tool to help institutions meet the new US and European dispute resolution regulations.