What is TriOptima?

TriOptima, now part of OSTTRA, is a provider of post-trade risk management services and infrastructure for the over-the-counter (OTC) derivatives market. Their services are primarily used to reduce counterparty credit risk and operational costs through portfolio reconciliation, margin optimization, and compression of derivative contracts. By identifying offsetting positions across multiple counterparties, TriOptima allows firms to reduce the notional amount of their outstanding derivatives, leading to lower capital requirements and improved operational efficiency. TriOptima also offers tools for automating and streamlining margin call processes.