State Street Corp. has launched a derivatives clearing service, complete with a swaps clearing platform. With this launch, State Street now offers a complete, end-to-end derivatives solution, complete with servicing, custody, accounting, collateral management, valuation, risk controls and analytics.

“As the derivatives markets evolve, we are increasingly aware of the need for full-service clearing and other services to help clients realize the benefits of the new derivatives regime, through enhanced transparency, more open execution platforms and central clearing,” said State Street Executive Vice President Clifford Lewis.