--- title: TMX Technology Solutions to provide NetOTC with a suite of technology products and services description: TMX Technology Solutions to provide NetOTC with a suite of technology products and services --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/tmx-technology-solutions-to-provide-netotc-with-a-suite-of-technology-products-and-services#popup-newsletter) #### Want the latest news on securities markets -- FREE? Sign up to receive exclusive articles on topics including: - Equity market structure - Profiles of buy-side investment firms - The evolution of multi-asset-class trading - Regulation and its implications for markets - The search for liquidity in fixed income markets - The convergence of fintech and capital markets Select one or more newsletters you would like to receive: menu [![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/) - [Press Release](https://articles.marketsmedia.com/tag/press-releases) - Press Release - TMX Technology Solutions to provide NetOTC with a suite of technology products and services Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/tmx-technology-solutions-to-provide-netotc-with-a-suite-of-technology-products-and-services#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 11.21.2013 By Terry Flanagan Press Release # TMX Technology Solutions to provide NetOTC with a suite of technology products and services 11.21.2013 By Terry Flanagan [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/tmx-technology-solutions-to-provide-netotc-with-a-suite-of-technology-products-and-services) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/tmx-technology-solutions-to-provide-netotc-with-a-suite-of-technology-products-and-services) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/tmx-technology-solutions-to-provide-netotc-with-a-suite-of-technology-products-and-services) TORONTO, Nov. 21, 2013 /CNW/ - TMX Group today announced that Razor Risk Technologies Limited, a subsidiary of TMX Group under the TMX Technology Solutions brand, has entered into license and services agreements with NetOTC, a London-based multilateral netting and risk mitigation platform for managing non-standardized OTC derivative transactions. TMX Technology Solutions has proven software and solutions for risk management, trading, clearing and surveillance needs. These technology assets provide mission-critical software in conjunction with consulting services to virtually every segment of the financial services industry. Under the terms of these agreements, TMX Technology Solutions will provide NetOTC with a range of software products, anchored by Razor Risk™, its enterprise risk management software, as well as integration and consulting services. "Following a thorough search across the global industry, we were pleased to find a partner that could meet our unique vision. TMX Technology Solutions' breadth of software solutions and integration capabilities positions us to deliver the NetOTC strategy," said Bob Wigley, Chairman of NetOTC. "We are very pleased that NetOTC has chosen us as their lead technology partner to help enable them to radically change the way global market participants handle risk management," said Brenda Hoffman, Chief Information Officer, Group Head of Information Technology, TMX Group. "This agreement allows TMX Technology Solutions to leverage a number of our industry leading software products and services and we are excited about working with NetOTC." "Having worked with the TMX Technology Solutions team over several months, we have been very impressed with their overall offering, their commitment to the NetOTC venture and significant expertise as a major infrastructure operator," said Neeraj Sharma, NetOTC CEO. "We look forward to delivering the platform together." **About TMX Group** TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom, Razor Risk and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup. **About NetOTC** NetOTC is a new netting and risk mitigation platform being built to manage non-standardised OTC derivative transactions. The core benefits arise froma multilateral netting and default management platform designed to mitigate systemic risk as well as calculate and optimize the impact of Basel III and initial margin requirements associated with the new EMIR/Dodd Frank rules. The platform will also deliver a bi-lateral dispute resolution tool to help institutions meet the new US and European dispute resolution regulations. SOURCE TMX Group Inc. [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/tmx-technology-solutions-to-provide-netotc-with-a-suite-of-technology-products-and-services) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/tmx-technology-solutions-to-provide-netotc-with-a-suite-of-technology-products-and-services) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/tmx-technology-solutions-to-provide-netotc-with-a-suite-of-technology-products-and-services) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/grass-lawn-spring-green-grow-money-540345-pxhere_com_-Jul-07-2022-09-33-40-78-AM.jpg?width=376&height=250&name=grass-lawn-spring-green-grow-money-540345-pxhere_com_-Jul-07-2022-09-33-40-78-AM.jpg)](https://articles.marketsmedia.com/ing-ventures-invests-in-openfin) Technology ## [ING Ventures Invests in OpenFin  ](https://articles.marketsmedia.com/ing-ventures-invests-in-openfin) Proceeds will go toward accelerating the expansion of OpenFin OS within financial services. 07.06.2022 By Terry Flanagan 2. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/MoneySky-Jul-07-2022-09-33-05-75-AM.jpg?width=376&height=250&name=MoneySky-Jul-07-2022-09-33-05-75-AM.jpg)](https://articles.marketsmedia.com/rising-rates-margin-needs-hit-trade-funding-costs) Press Release ## [Rising Rates, Margin Needs Hit Trade Funding Costs](https://articles.marketsmedia.com/rising-rates-margin-needs-hit-trade-funding-costs) Margin has increased by 30% in just two months, OpenGamma research shows. 07.05.2022 By Terry Flanagan 3. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/iStock-864489188-4.jpg?width=376&height=250&name=iStock-864489188-4.jpg)](https://articles.marketsmedia.com/operational-resilience-no-longer-enough) resilience ## [Operational Resilience No Longer Enough](https://articles.marketsmedia.com/operational-resilience-no-longer-enough) Firms should ensure a robust operational risk approach in tandem with resilience, ITRS Group says. 07.05.2022 By Terry Flanagan [![MarketsMedia](https://articles.marketsmedia.com/hubfs/MarketsMedia.svg "MarketsMedia")](http://marketsmedia.com) - [About us](https://www.marketsmedia.com/about-us) - [Careers](https://www.marketsmediagroup.com/careers) - [Contact](https://www.marketsmediagroup.com/contact) - [Advertise](https://www.marketsmediagroup.com/advertise) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Corporate Site](https://marketsmediagroup.com) - © 2026 Markets Media Holdings LLC - - Terms & Conditions - Privacy Policy {{ standard\_footer\_includes }}