To become compliant to the latest regulations and to reduce credit risk one of our clients implemented central clearing functionality for swaps in their trading applications. Varrlyn helped defining the front to back functional set-up and was responsible for Murex configuration and deployment, also Varrlyn was responsible for the environment and configuration management. Their swap positions and related margining can now be managed in line with regulations and has a high degree of automation. The delivery was on time and within budget.