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OSTTRA Launches Repo Confirmation Service Powered by MarkitWire

19 May 2022
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OSTTRA, the post-trade solutions company formed in 2021 through the combination of MarkitServ, Traiana, TriOptima and Reset, has launched OSTTRA Trade Processing for Repos, powered by MarkitWire, the electronic trade confirmation and processing platform. The new service will establish a set of industry-standard electronic workflows for Repo trade confirmation and lifecycle event management, built on MarkitWire’s global network.

With the Interest Rate and Repo markets coming closer together as a result of the transition to risk free rates, OSTTRA aims to harmonise the post-trade processing of both asset classes by bringing them together on MarkitWire.

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