Goldman Sachs has launched its Derivatives Clearing Services business.

DCS provides clients with a global over-the-counter clearing service for interest rates, credit, foreign exchange, equities and commodities.

Goldman Sachs DCS is an agency business designed to streamline the client derivatives clearing experience across products, asset classes and regions.

It builds upon the firm’s prime brokerage and futures clearing platforms to maximise efficiency and provide an integrated suite of tools and reporting for clients.

“In partnership with our clients, regulators and multiple clearing venues, we are committed to improving market structure for derivatives,” says Michael Dawley, managing director and co-head of futures and DCS, Goldman Sachs. “The DCS offering provides our clients with a host of value-added services and multi-product expertise to successfully navigate this dynamically changing environment.”