Mercator Software has completed conformance testing of its InsideOmgeo CTM platform with Omgeo's trade matching system.
During the test, Mercator's solution connected to Omgeo central trade manager (CTM) via a direct interface and completed all four stages of the conformance testing process, including the processing of all CTM message types for investment managers.
Omgeo CTM matches both domestic and cross-border trades and provides real-time settlement instruction enrichment and settlement notification messaging.
Mercator says its solution integrates existing back-office processes and settlement infrastructure with CTM and can perform the transformations necessary to create, format and validate all Omgeo CTM message types.