CheckFree Financial and Compliance is to interface its Recon securities system with Omgeo's settlement notification and reconciliation service TradeHub under the vendor's STP partners programme.
TradeHub provides a single point of access to messaging and communications for equity and fixed income securities for investment managers, broker, dealers and custodians.
CheckFree says the new connection will enable buy-side financial services clients using its reconciliation system to benefit from a secure network and receive settlement messages from custodians.