Omgeo CTM marks 17 percent growth
16 September 2013 New York
Image: Shutterstock
Omgeo Central Trade Manager (CTM) has grown more than 17 percent during 2013, with the addition of 220 investment management and broker dealer clients worldwide.
Omgeo CTM is the firm's strategic platform for the central matching of cross-border and domestic equity, fixed income, exchange-traded derivative and contract-for-difference transactions.
Omgeo CTM growth comes from an expansion across geographies and asset classes, including new exchange-traded derivative functionality and an increasing desire for firms to standardise all post-trade processes on a single platform.
Tim Keady, managing director of sales and solution delivery at Omgeo, said: “The migration project has been successfully completed due to the commitment and partnership Omgeo shares with our client community. We would like to thank our member community for their hard work in making this achievable. By rationalising our services onto one platform, Omgeo CTM, our clients are now able to benefit from the increased operational efficiency and risk mitigation that central matching provides."
“At the same time, we have seen significant interest in best practice post-trade processing across the globe, and in particular in Japan as well as emerging markets such as those in South East Asia and Latin America. We remain focused on building partnerships with market participants in these locations and around the world to streamline and standardise post-trade processes and reduce risk.”
Omgeo CTM is the firm's strategic platform for the central matching of cross-border and domestic equity, fixed income, exchange-traded derivative and contract-for-difference transactions.
Omgeo CTM growth comes from an expansion across geographies and asset classes, including new exchange-traded derivative functionality and an increasing desire for firms to standardise all post-trade processes on a single platform.
Tim Keady, managing director of sales and solution delivery at Omgeo, said: “The migration project has been successfully completed due to the commitment and partnership Omgeo shares with our client community. We would like to thank our member community for their hard work in making this achievable. By rationalising our services onto one platform, Omgeo CTM, our clients are now able to benefit from the increased operational efficiency and risk mitigation that central matching provides."
“At the same time, we have seen significant interest in best practice post-trade processing across the globe, and in particular in Japan as well as emerging markets such as those in South East Asia and Latin America. We remain focused on building partnerships with market participants in these locations and around the world to streamline and standardise post-trade processes and reduce risk.”
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