Peter Lambertus, president and CEO of Charles River Development (Charles River), said: We are very pleased to partner with one of the industry’s most established post trade platforms. Derivatives’ trading has become an increasingly important component of our clients’ daily trading activity. SwapsWire recognizes our ability to fully support buy-side clients’ needs, including the trading of a wide variety of complex asset classes, such as derivative instruments.
Chip Carver, CEO of SwapsWire, said: SwapsWire is committed to helping clients optimize our services through integrated partnerships with world-class market vendors. We chose to work closely with Charles River as a buy-side integration partner for delivering straight-through processing (STP) for interest rate swaps. Charles River has a broad client base and proven expertise in facilitating STP for OTC derivatives, including credit and interest rate swaps. Moreover, Charles River is committed to delivering the best derivatives trading functionality in the market.