New PolarLake platform to manage OTC derivatives

Dublin, Ireland-based PolarLake has launched a full trade life- cycle platform for OTC derivatives. Aimed at sell-side and buy-side firms as well as custodians and fund administrators, the system includes FpML integration, reconciliation, matching and business process management. The vendor says the new system will offer decreased costs and lower operational risk through automation of reconciliation processes. The system will also connect with third parties in the OTC derivatives space such

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