Case Study: Cetip achieves faster OTC derivatives pricing and greater transparency with MetraTech

Enabling a Model For Global Derivatives Reform

Cetip, Brazil’s leading OTC derivatives clearing house and marketplace, faced the challenge of standardizing fee calculation and monetization across a growing range of services, including multi-party billing and collateral risk management. It needed a flexible system to support increasingly complex products, improve transparency for regulators, and reduce the cost and complexity of managing exposures for its customers. MetraTech’s MetraNet platform was selected to help address these needs.

MetraTech implemented MetraNet as a centralized billing and revenue management engine, enabling Cetip to model and price services across 23 lines of business and more than 65 securities types. The solution helped Cetip introduce new services 30–60 times faster, support 15,000 institutions and 42 million transactions, and improve calculation accuracy, auditability, and transparency. MetraTech also enabled Cetip to expand into new services and partnerships while reducing operational risk and total cost.

Cetip