NASDAQ OMX will supply KDPW_CCP with an OTC clearing and risk management module. The companies signed a formal agreement on 3 February 2012. Under the contract NASDAQ OMX will supply KDPW_CCP with its Sentinel Risk Manager product in order to support trade lifecycle and risk management requirements for clearing of OTC traded instruments. The clearing house KDPW_CCP is currently working to develop an OTC derivatives and repo clearing service. According to the work timetable, the service will be available as of the beginning of 2013.