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Clearing, Risk and Data Changes

Ovation will streamline our operational framework, enhance our risk tools, and establish a more robust data management system to better serve our members and market participants. 

Market participants will notice multiple operational efficiencies with Ovation including:  

  • Easy and secure access with single sign-on and quicker interface navigation
  • A consolidated, more transparent view of transaction information and history 
  • The capability to proactively monitor the settlement cycle for each collateral transaction
  • Streamlined margin calculations during nightly processing 
  • Interacting with the system via an API
  • And access to self-service reporting via export and new filtering functionalities 
Read more about the highlights of OCC's technology transformation, the changes to its core services and the transition from ENCORE to Ovation below. Additional rule filings are forthcoming, such as for Stock Loan. Once available, the rule filings and any advance notices can be accessed  here.

Clearing, Risk and Data Changes

All dates are subject to change.

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