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The centralised and secure global infrastructure for Over-the- Counter (OTC) derivatives. The TIW is a comprehensive trade database containing the legal record for all contracts eligible for electronic Confirmation. The TIW also automates and standardises post-trade processes, such as payments, notional T 126 adjustments and lifecycle event processing. It is the market��s first and only centralised global repository for trade reporting and post-trade processing of OTC credit derivatives contracts.