Capitolis Completes Standardized Approach for Counterparty Credit Risk Optimization

Capitolis, the technology company reimagining capital markets, completed its nineteenth Standardized Approach for Counterparty Credit Risk (SA-CCR) optimization in January, “with this latest run incorporating a record number of entities, driving a record reduction of over $290 billion in effective notional.”

This marks another momentous occasion for Capitolis as its Portfolio Optimization business enables both new and existing clients “to reap the benefits of the network.” Over the last 12 months, Capitolis has “enabled a $2.5 trillion reduction in SA-CCR effective notional.”

The SA-CCR framework, “which seeks to normalize and standardize the capital requirements on derivatives portfolios for financial institutions, has been phased in globally over the past few years to provide a uniform way to calculate counterparty credit exposures.”

Capitolis continues “to innovate with its customers for market needs, making it easier for more participants to join and execute optimization runs while increasing the network effect and benefits for all.” As SA-CCR stays top of mind for the industry, Capitolis works “hand in hand with each of its clients to deliver on their objectives.”

Gil Mandelzis, CEO & Founder, Capitolis, said:

“We are excited by this latest milestone and the overall momentum of our business. Our latest SA-CCR run marks another historic achievement for Capitolis. As we build solutions that promote the safety and stability of the capital markets, we are extremely focused on continuing to deliver meaningful capital benefits in an efficient and timely manner and look forward to introducing more innovative solutions to the market.”

Capitolis’ Portfolio Optimization business has “experienced tremendous growth over the past year.”

Their plan for 2023 is “to focus on expanding the size of their network to drive more value for all participants, introduce new innovation to further streamline the execution process and launch additional, new optimization opportunities.”


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