Rolfe & Nolan's Merlin Margin futures and options margining solution has been chosen as the basis for Italy's trading risk-management service, Cross Margin Control, which covers central counterparty-eligible products in the cash equity and equity derivatives markets.

The risk-management service is operated by BIt Systems, a technology arm of Borsa Italiana and Kedrios, a back-office outsourcing services supplier and subsidiary of Italian financial IT company SIA Group.