Princeton interfaces to Omgeo Automatch

Princeton interfaces to Omgeo Automatch

Princeton Financial Systems has developed a new interface to Omgeo's global trade matching service Automatch used in conjunction with Oasys Global, Omgeo's electronic trade confirmation service.

The certified interface, which is a part of the Omgeo STP Partners Program, enables investment managers to automate the comparison of trade details submitted by their broker-dealers via Oasys Global, against trade details from Princeton Financial's PAM systems.

Institutional investors feed trade details from their trade-capture systems to AutoMatch, which automatically attempts to match them to broker details as they are received through Oasys Global. Princeton Financial's AutoMatch interface enables investment managers to identify unmatched trades earlier in the trade cycle, says the company.

John Kuhn, Princeton Financial product manager, notes: "Our interface to Omgeo AutoMatch enables staff to concentrate on addressing exceptions."

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