The Trade Information Warehouse is a service offering of the
Depository Trust & Clearing Corporation's Deriv/SERV, and is described by DTCC as "a centralized and secure global infrastructure for processing over-the-counter (OTC) derivatives over their life cycle"
It is purported to be the security industry's only repository and centralized post-trade infrastructure for servicing
Over-the-counter (finance), OTC credit derivative
In finance, a credit derivative refers to any one of "various instruments and techniques designed to separate and then transfer the ''credit risk''"The Economist ''Passing on the risks'' 2 November 1996 or the risk of an event of default of a cor ...
contracts throughout their multi-year lifecycles, and is expected to be involved in the newly created public
clearing facility of
credit default swap
A credit default swap (CDS) is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a debt default (by the debtor) or other credit event. That is, the seller of the CDS insures the buyer against som ...
s in conjunction with
CCorp
Securities (finance)
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