OTC risk-reduction challenge attracts new services

10/14/2013 | Risk.net (subscription required)

A small group of secretive startup ventures focused on the over-the-counter derivatives market are positioning themselves to re-create the efficiencies forfeited in the shift to mandatory central clearing. If a way can be developed to reduce the costs for the world's biggest banks by reducing risk, that would be a valuable service, industry experts say.

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