21 August 2017
visit www.avoka.com

Omgeo applies Cameron FIX

07 July 2003  |  4076 views  |  0 Omgeo applies Cameron FIX

Trade matching venture Omgeo is using technology from Cameron Systems to develop FIX interfaces for its new multi-broker portal Allocation Manager and automated allocations solution Deal Time STP.

Omgeo is using the CameronFIX engine version 6.1 to receive FIX order and allocation messages into Allocation Manager and Deal Time STP. The messages are then passed into the Central Trade Manager (CTM) utility or Oasys matching system.

Allocation Manager will link investment managers with a Web-based trading blotter that will connect them to brokers on Oasys and Oasys-TradeMatch service to process US fixed income and equity trades. The CameronFIX engine will be used to receive an automated notice of execution (NOE) from the participating broker, in standard FIX format.

Deal Time STP, which is due to launch in Q3 this year, will allow for the automation of allocations earlier in the trade cycle and enable firms to process trades - from inception through to settlement - using a single connection and the FIX protocol. The service will also allow users to send automated FIX allocations to Omgeo's community of broker dealers, irrespective of the brokers current ability to process them.

Cameron System's FIX engine is being used in a highly available setting, with a hot running back up server available over a LAN and WAN. The system includes FIX-FIX routing, connection scheduling and increased FIX dialects.

Kathy Ball-Toncic, executive director of the global STP Partners Programme, Omgeo, says: "Omgeo is embracing FIX to create a more streamlined STP environment for our customers. CameronFIX has a robust high availability solution and it has been easy to integrate."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

SunGard to provide automatic updates to Omgeo Oasys and Alert

SunGard to provide automatic updates to Omgeo Oasys and Alert

17 June 2003  |  6643 views  |  0 comments
Omgeo in a FIX, says CityIQ; corporate actions coming good

Omgeo in a FIX, says CityIQ; corporate actions coming good

19 May 2003  |  6683 views  |  0 comments
Peresys partners Cameron Systems for FIX connectivity

Peresys partners Cameron Systems for FIX connectivity

14 May 2003  |  3092 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.worldpaymentsreport.comdownload the paper now

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11000 views comments | 25 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9232 views 0 | 5 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9152 views comments | 21 tweets | 26 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9040 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8864 views comments | 10 tweets | 8 linkedin

Featured job

Find your next job