Back to OMeT News
September 15, 2026

OMeT and SwapData AI Enter Strategic Partnership to Advance OMeT-i

NEW YORK, NY — September 16, 2026 — OM-eTrading, LLC (“OMeT”) and SwapData AI Solutions, LLC (“SwapData AI”) have entered into a strategic agreement to advance the technical development, commercialization and institutional deployment of OMeT-i, OMeT’s dedicated market intelligence initiative.

As part of the agreement, Michael Kirby, Founder and Chief Executive Officer of SwapData AI, has been appointed Senior Managing Director of OMeT-i. In this role, Kirby will oversee product architecture, commercial licensing operations and strategic market expansion for the initiative.

Connecting Market Data and Market Structure

OMeT-i is being developed to extend OMeT’s institutional market infrastructure into market intelligence and analytics.

Under the agreement, SwapData AI has granted OMeT-i a perpetual enterprise license to its proprietary SwapData.ai software architecture.

The technology is intended to provide a foundation for aggregating, normalizing and processing publicly reported Swap Data Repository (SDR) information across multiple asset classes and execution venues. OMeT plans to integrate this architecture into the OMeT-i environment as the initiative develops.

The initial commercial focus is expected to be Latin American swap markets, followed by expansion into broader global OTC derivatives markets.

From Execution to Market Intelligence

OMeT is developing institutional electronic market infrastructure for cleared OTC derivatives, with an approach centered on rules-based electronic execution, structural anonymity and integrated market infrastructure.

OMeT-i extends that architecture into the intelligence layer.

The objective is to combine derivatives-market data infrastructure with information generated through the broader OMeT ecosystem, creating a structured foundation for institutional analytics, market interpretation and decision support.

“The launch of OMeT-i marks a significant operational evolution, expanding our core institutional capabilities from trade execution to comprehensive market intelligence.” — Vinayek Singh, Chief Executive Officer, OMeT

This approach is intended to address a persistent challenge within OTC derivatives markets: valuable market information is often distributed across different repositories, venues, datasets and workflows.

OMeT-i is being designed to help organize that information into a more structured and usable institutional intelligence environment.

Building the OMeT-i Data Architecture

Public SDR data contains substantial information about activity across OTC derivatives markets, but converting those datasets into usable intelligence requires collection, normalization, analysis and contextualization.

SwapData AI’s technology has been developed to ingest, process and structure complex OTC derivatives datasets, including publicly reported SDR information.

Integrating that technology into OMeT-i provides a foundation from which OMeT can continue developing its own market intelligence architecture.

“Integrating SwapData.ai’s data collection infrastructure with OMeT’s execution venue addresses a long-standing structural challenge within the OTC space.” — Michael Kirby, Senior Managing Director, OMeT-i; Founder and CEO, SwapData AI

Initial Focus: Latin American Swap Markets

The first commercial phase of OMeT-i is expected to concentrate on Latin American interest-rate markets. This initial focus provides OMeT-i with a defined environment in which to develop, test and refine its data architecture and institutional analytics before broader expansion.

The longer-term strategy is to extend the underlying intelligence framework across additional OTC derivatives markets, asset classes and institutional use cases.

OMeT-i Product Roadmap

The current OMeT-i development roadmap includes:

Enterprise Market Data Services

Institutional market data subscription services designed to provide structured access to processed derivatives-market information.

API Infrastructure

High-throughput API integrations designed to support institutional systems and downstream data workflows.

Institutional Analytics

Analytics tools designed to help market participants interpret market activity and derivatives-market structure.

Yield Curves and Derived Data

Development of customized yield curves and derived datasets based on available market information and OMeT-i methodology.

Distribution

Strategic distribution relationships designed to make OMeT-i data and analytics available through institutional channels.

These capabilities represent the OMeT-i development roadmap and should not be interpreted as a statement that every capability is currently commercially available.

Transition of SwapData.ai

As the technical integration progresses, the SwapData.ai software architecture is planned to transition into the broader OMeT-i environment.

Following completion of that migration, the legacy standalone SwapData.ai web application is expected to be retired.

During the transition period, market participants may be provided access to the existing SwapData.ai platform through a trial program. Feedback from participating users is expected to help inform the continued development of the OMeT-i platform and its future institutional analytics capabilities.

A Foundation for OMeT-i

The agreement with SwapData AI establishes an initial technology and leadership foundation for OMeT-i.

By bringing together derivatives data infrastructure, institutional market expertise and OMeT’s developing electronic market architecture, OMeT-i is intended to create a structured intelligence layer around OTC derivatives markets.

The initiative will develop in stages, beginning with data aggregation and normalization and expanding over time into analytics, derived information, institutional distribution and additional market-intelligence applications.

OMeT-i represents the intelligence layer of OMeT’s broader institutional market architecture.

About OMeT

OM-eTrading, LLC (“OMeT”) is developing institutional electronic market infrastructure for cleared OTC derivatives. OMeT’s approach combines rules-based electronic execution with market infrastructure and analytics designed for institutional participants.

Through initiatives including OMeT-i, the company is developing an architecture intended to connect execution, market data and institutional intelligence within a broader electronic market environment.

About SwapData AI Solutions, LLC

SwapData AI Solutions, LLC develops financial technology designed to ingest, process and structure complex OTC derivatives datasets, including publicly reported Swap Data Repository feeds.

Media Contact

Erick Schiele, OMeT
e.schiele@om-etrading.com
+1 860-850-2643