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LCH.Clearnet, a leading multi-asset class clearing house, on Thursday finalized a deal with the MillenniumIT, the financial software and technology services arm of London Stock Exchange Group, to supply a real-time clearing and risk management platform for all asset classes.
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Millennium PostTradeTM is promising a paradigm shift for the clearing industry as it offers real-time cross-asset portfolio risk management, based on a single, multi-asset, multi-function platform. The product is the first to enable a central clearing counterparty to have real time risk processing and risk management.
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