MarkitServ Taps AcadiaSoft for Messaging

Over-the-counter (OTC) derivatives trade-processing gateway MarkitServ is partnering with AcadiaSoft to automate its collateral messaging, rather than developing its own message automation internally, say representatives of MarkitServ, the 15-month-old joint venture between the Depository Trust & Clearing Corp. (DTCC) and Markit.

"It will be offered seamlessly alongside the other post-trade processing functionality offered by MarkitServ, like confirmation, portfolio reconciliation and clearing

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