19 August 2017
Find out more

Murex and Omgeo team up for post-trade offering

22 July 2015  |  2734 views  |  0 Source: Murex

Murex, the leading provider of integrated trading, risk, collateral and processing solutions, announced today a strategic partnership with Omgeo, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC) and the global standard for institutional post-trade efficiency.

With real-time certified connectivity to Omgeo Central Trade ManagerSM (Omgeo CTM), the Murex MX.3 platform provides increased automation and straight through processing (STP).

Buy- and sell-side clients will benefit from a single platform to support their investment process, seamlessly integrated from the order management system (OMS) to post-trade operations and settlement, including exceptions management with brokers directly from a centralized end-user dashboard.

Simon Powell, Regional Manager of Global Partners at DTCC’s Omgeo, said: "In today's risk adverse global markets, the minimization of operational risk and the associated time and cost savings are critical factors for instilling confidence in operational processes and capabilities, and the community as a whole. Partnering with Murex allows our mutual clients to easily realize the benefits of Omgeo CTM through a streamlined post-trade environment. With Murex, many additional asset managers, banks and brokers are benefiting from increased efficiencies."

Randa Saghieh, Head of the Operations & Finance Solution at Murex, said: "Murex puts a lot of focus on assisting clients in reducing operational risks and costs leveraging our integrated front-to-back risk platform. The certification of the Omgeo CTM interface further streamlines operational processes in line with the market standards." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Murex

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.dorsum.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
8376 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7560 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
6663 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6224 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
6090 views comments | 11 tweets | 9 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job