CheckFree, now part of Fiserv, Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial industry, today announced that a leading European asset manager has gone live with its post-trade processing solution, CheckFree TradeFlow, for OTC Derivatives. The implementation extends the existing CheckFree TradeFlow deployment for securities, foreign exchange and money markets, enabling the firm to create a single, integrated, post-trade processing platform across all asset classes.

Deployed at its corporate headquarters, the CheckFree TradeFlow solution for OTC Derivatives is being implemented by the asset manager in two key phases. The first phase, now live, delivers confirmation processing and advanced exceptions handling for credit derivatives trades through DTCC Deriv/SERV. Phase two is designed to implement a complete post-trade event management solution and support for additional business processes, including terminations, assignments, increases and amendments. The asset manager has worked in close cooperation with ...   more »