OSTTRA, the post-trade solutions provider, has secured a strategic equity investment from a consortium of six major financial institutions: Bank of America, Barclays, Citi, HSBC, UBS Investment Bank, and Wells Fargo. While the banks have committed to this joint investment, funds managed by KKR will retain majority ownership of the company.
The agreement follows OSTTRA’s transition to independence under KKR in October. The partnership aims to align the company’s product roadmap with evolving industry requirements, supporting expansion into new markets and asset classes. By collaborating closely with these long-standing clients, OSTTRA intends to develop a more unified and resilient post-trade ecosystem for over-the-counter and listed derivatives.
Currently, OSTTRA’s networks process millions of transactions daily, providing the infrastructure for banks and asset managers to manage workflows and reduce operational risk. This investment marks a significant milestone in the firm’s growth strategy, focusing on the continued modernisation of global capital markets infrastructure.
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