Goldman Sachs International and Goldman Sachs Bank Europe SE have joined CDSClear as clearing brokers. The partnership is expected to expand Goldman Sachs’ derivatives clearing platform and give its clients access to the clearing house’s services, which include risk management, backloading and margin rebalancing.

LCH had previously stated that it is expanding its clearing network and the range of credit products eligible for clearing. Goldman Sachs follows in the footsteps of Barclays Bank and Barclays Bank Ireland, both of which went live as clearing brokers on CDSClear last month.