
Post-trade in the cloud: Startup RQD aims to reimagine clearing
With the post-trade space poised for major change, startup clearing firm RQD says a new cloud-based platform will help it respond to client needs and new business opportunities.
For firms frustrated by the fact that trades executed in microseconds can take all day to be reflected in their risk profiles or margin requirements, there’s light at the end of the tunnel: A new player in the US clearing space, RQD Clearing, which will formally launch tomorrow, November 30, says its cloud-based technology platform can update all relevant data in real time, providing greater transparency, better risk management, and better service to clients, at a time when the post-trade
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