Capitolis Conducts Optimisation Run for Rouble to Reduce Bank Exposures

Capital markets optimisation provider Capitolis says it has completed a reduction in Russian rouble exposures for many of the world’s leading financial institutions.

The rouble optimisation is a first for Capitolis, which says it was approached by the banks to design a solution and worked quickly to bring together a large network of banks to participate in this targeted solution. Through its trade compression platform, Capitolis was able to reduce these large exposures and promote financial soundness and stability for the benefit of the whole capital markets system.

In addition to helping clients and the overall market, Capitolis says it will donate fifty percent of the revenues generated from this optimisation exercise to Ukrainian relief and humanitarian efforts.

“We are committed to making the global financial markets work better for our clients and the system as a whole,” says Gil Mandelzis, CEO and founder of Capitolis. “We worked quickly through our trade compression platform and in great collaboration and partnership with our clients to meaningfully reduce risk, while aiding the Ukrainian people amid this incredible suffering.”

The firm adds it intends to continue offering a rouble compression run “as long as it is needed”.