Rating: 4.2/5 (Enterprise-Grade, but Not for Beginners)
Adopting a central registry for OTC trades raises hackles among firms that value bilateral privacy.
How CDRAR solves this:
Compliance Note: For regulators (SEC, ESMA, MAS), the CDRAR exports a "Regulatory View" that masks proprietary trading strategies while proving compliance with Uncleared Margin Rules (UMR) and the SCCP. otc ngis software suite cdrar
Investing in a dedicated CDR generation and reconciliation tool reduces manual headcount and error costs, decreases regulatory fines risk, and accelerates post‑trade workflows—freeing capital to focus on trading strategy and client service. For any institutional player in the OTC space, a robust CDRar deployment quickly pays dividends in auditability and operational resilience.
CDRar isn’t just a compliance checkbox—it’s the backbone that transforms fragmented OTC activity into consistent, actionable intelligence.
Traditional OTC software looks like it was designed in 1998 for a DOS environment. The NGIS CDRAR suite is different. Rating: 4
Title: OTC NGIS Software Suite – Enhanced CDRAR Module
Overview The OTC NGIS Software Suite delivers a comprehensive, end-to-end solution for Over-the-Counter natural gas and energy derivatives trading. At its core, the CDRAR (Credit, Derivative, Risk, Analytics & Reporting) engine provides real-time decision support and regulatory alignment.
Key Features of the CDRAR Module:
Benefits:
Switch the "D" (Dispute) and "R" (Reconciliation) to live. Then the "C" (Collateral). Do this incrementally by product type (e.g., IRS first, then CDS, then FX).