MarkitSERV expands by connecting to Asigna
30 May 2018 Mexico City
Image: Shutterstock
IHS Markit’s MarkitSERV has expanded its global network of derivatives clearinghouses by connecting to Asigna, the clearinghouse for Mexican-listed and standardised derivatives.
MarkitSERV is an integrated, multi asset class service for the management of trade confirmation, clearing, allocation of block trades and regulatory reporting.
With the new connection, MarkitSERV provides standardised workflow and connectivity for matching, confirming and clearing Mexican peso swaps.
Asigna, Compensación y Liquidación began clearing over-the-counter derivatives in 2016. Seven global and regional banks are clearing members at Asigna.
Catalina Clavé Almeida, CEO at Asigna, said: “With the connection between MarkitSERV and Asigna, we can offer our clients an efficient and secure channel to transmit confirmed TIIE swap data to our clearinghouse. It also helps global banks on the MarkitSERV network do business in our market.”
Brad Levy, CEO of MarkitSERV and head of loans at IHS Markit, commented: “Connecting to Asigna expands the global reach of the MarkitSERV network and helps our clients access this important, growing market.”
He added: “In providing a single point of access to 18 derivatives clearinghouses and multiple trade repositories, we offer an efficient solution for trade confirmation, trade lifecycle management and compliance.”
MarkitSERV is an integrated, multi asset class service for the management of trade confirmation, clearing, allocation of block trades and regulatory reporting.
With the new connection, MarkitSERV provides standardised workflow and connectivity for matching, confirming and clearing Mexican peso swaps.
Asigna, Compensación y Liquidación began clearing over-the-counter derivatives in 2016. Seven global and regional banks are clearing members at Asigna.
Catalina Clavé Almeida, CEO at Asigna, said: “With the connection between MarkitSERV and Asigna, we can offer our clients an efficient and secure channel to transmit confirmed TIIE swap data to our clearinghouse. It also helps global banks on the MarkitSERV network do business in our market.”
Brad Levy, CEO of MarkitSERV and head of loans at IHS Markit, commented: “Connecting to Asigna expands the global reach of the MarkitSERV network and helps our clients access this important, growing market.”
He added: “In providing a single point of access to 18 derivatives clearinghouses and multiple trade repositories, we offer an efficient solution for trade confirmation, trade lifecycle management and compliance.”
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