After selecting Calypso Technology’s core platform and Enterprise Risk System, Eurex Clearing next looked for a design and implementation partner. With Accenture’s help, Eurex Clearing has been able to offer its clients a clearing functionality for OTC derivatives in just four months. Eurex Credit Clear significantly strengthens the client’s clearing capabilities with a sound, reliable and flexible engine to deliver central clearing initially for credit derivatives and subsequently also for further over-the-counter traded asset classes.
Eurex Clearing is one of the world's leading Clearing Houses, offering fully automated and straight-through post trade services for derivatives, equities, repo, energy and fixed income transactions. Jointly operated by Deutsche Börse AG and SIX Swiss Exchange, Eurex Clearing serves more than 114 clearing members located in 10 European countries and processed more than 2.3 billion transactions in 2008.