TriReduce expands compression to emerging markets

Mounting cost pressures are increasing appetite for the service

Map of Latin America
LatAm interest: triReduce aims to increase the number of available currencies

TriReduce, the multilateral portfolio-compression service offered by TriOptima, is being expanded to foreign exchange and emerging markets products, signalling a wider embrace for such products as cost pressures mount.

"Clients' appetite for compression has been fuelled by increased focus on gross notional, credit exposure and portfolio maintenance costs," says Michael Modlock, head of triReduce North America.

Using compression, banks are able to reduce their gross notional amounts while

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: