Elaris OTC is a next-generation, fully digital platform designed to modernize OTC derivatives post-trade activities. Powered by Fragmos Chain, it provides a comprehensive and integrated suite of technology and services for seamless and automated matching of OTC derivatives trades and lifecycle events. The solution achieves interoperability by translating native client messaging formats into the Common Domain Model (CDM) standard, enabling market participants to significantly reduce operational costs and risk across all asset classes and lifecycle events. Elaris OTC can be combined with Delta Capita’s global OTC confirmation and settlement services to extend automation beyond platform users, capturing and managing interactions with all counterparties, whether they use the platform or not. This integration delivers straight-through processing and control across the full spectrum of post-trade activity. Key components include ElarisEM for event matching, ElarisTM for bilateral trade matching and immutable blockchain recording, Elaris Agree for matching events with non-platform counterparties, Elaris CDM as a translation layer to the ISDA Common Domain Model, and Elaris Confirm for bringing manually confirmed trades onto the platform with exception management.

Features & Benefits

• ElarisEM - Event Match: Captures and matches lifecycle events between counterparties, ensuring agreement and a synchronized, auditable record of the trade lifecycle.
• ElarisTM - Trade Match: Matches trade details bilaterally, creating a single, golden record of the trade immutably recorded on a private blockchain for visibility and verification.
• Elaris Agree: Matches and agrees lifecycle events with counterparties not on the platform, resolving exceptions through specialist OTC Settlements and lifecycle management expertise.
• Elaris CDM: Translates proprietary trade formats into the ISDA Common Domain Model (CDM) for standardized, machine-readable representation, reducing ambiguity and manual intervention.
• Elaris Confirm: Integrates manually confirmed trades onto the platform, managing exceptions with expert support and retaining a full audit trail and documentation.