OTCX Integrates IHS Markit’s Investment Management Platform

OTCXThe leading multi-dealer bilateral RFQ platform for off-venue interest rate derivatives has announced the certified integration with IHS Markit’s investment management platform, thinkFolio, which offers advanced modeling and trading management tools for all asset classes, including fixed income and derivatives instruments.

OTCX, which links clients directly to their dealers, thus bringing trading workflow efficiencies and reducing operational risk due to manual input, will allow thinkFolio clients to ask for prices and
negotiate interest rate swaps across G10 and EM currencies on outrights, curves, flys or bespoke packages for portfolio operations like rolls and compressions.

Nicholas Leib, head of product at OTCX, commented: “Certification with IHS Markit’s thinkFolio platform brings peace of mind to our clients and an innovative solution to an OTC trading
market that has not benefited from digital disruptors. We are looking forward to continuously bringing value to our common clients by expanding the integration coverage and defining new trading standards for non-linear derivatives.”

Keith Viverito, managing director for thinkFolio at IHS Markit, said: “We’re delighted that OTCX is now certified on our investment management platform. We are collaborating with premium trading
platforms, such as OTCX, to extend thinkFolio and to enable us to manage essential trading interfaces on our clients’ behalf.”

In July 2019, IHS Markit’s cross-asset investment management platform was further integrated with FlexTrade in order to provide sophisticated and global cross-asset trading capabilities delivered seamlessly across the entire trading lifecycle.

OTCX’s independently owned multi-dealer RFQ platform is designed for the Buy-Side and brings operational efficiency to the trading of vanilla and exotic OTC derivatives. Its platform helps clients
negotiate and streamline their trading processes for all Interest Rate and Equity Derivatives, Structured Products, and other OTC instruments using STP as it connects to clients’ OMS, EMS or PMS. The platform also offers detailed execution reporting and broker performance analysis.