IHS Markit Sets Sights on Post-Trade Derivatives Automation

IHS Markit has announced new technology developments that it claims will automate settlement and margin payments for cross-currency swaps, which have, up until this point, had notably high levels of settlement risk owing to non-standardized processes that handle large payments in the post-trade process.

The vendor is also prepared for foreign-exchange (FX) options clearing, says Clare Lobo, head of business development at MarkitSERV, and it is working in equity derivatives to automate trade