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Six banks make equity investment into OSTTRA


26 February 2026 UK and US
Reporter: Hansa Tote

Generic business image for news article
Image: Olivier_Le_Moal/stock.adobe.com
Bank of America, Barclays, Citi, HSBC, UBS Investment Bank, and Wells Fargo, have jointly committed to making a US$100 million strategic equity investment in OSTTRA.

This close partnership aims to drive expansion into new markets and asset classes while ensuring next-generation solutions remain tightly aligned with evolving industry needs.

The transaction follows OSTTRA’s transition to independence under global investment firm KKR in October and marks a milestone in its evolution toward becoming an even more client-centric, growth-oriented business.

Funds managed by KKR will continue to be the majority owner of the company.

The banks will work closely with OSTTRA as the firm develops its future-ready product roadmap — strengthening momentum behind the company’s long-term ambition for a more unified, efficient, and resilient post-trade ecosystem.

Guy Rowcliffe, co-CEO at OSTTRA, states: “This investment from six of our largest customers is a pivotal moment for OSTTRA, and for the wider post-trade community.”

John Stewart, co-CEO, adds: “It reinforces the essential role our networks play in supporting global markets and reflects strong endorsement of our strategy, as we work together to transform the post-trade ecosystem.”

OSTTRA networks underpin millions of OTC and listed derivatives transactions each day, forming a foundation on which banks, asset managers, and other market participants manage post-trade workflows, optimise portfolios, and reduce operational risk.

Commenting on the investment, Ashok Krishnan, head of platform at Bank of America, states: “We are pleased to become a strategic investor with OSTTRA to further strengthen post-trade infrastructure, as it is essential to market stability.

“We look forward to working with OSTTRA to continue to meet the evolving needs of our clients and the broader ecosystem.”
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