Omgeo adds Goldman, State Street and DTCC Executives to Board March 27, 2013Edward Hazel of Goldman Sachs, Richard Taggart of State Street Investment Management Services and Susan Cosgrove of DTCC Join Omgeo Board of Managers. Shorter Settlement Cycles Coming to US? March 20, 2013The EU's move to T+2 will force the US markets to a shortened settlement cycle (SSC). Omgeo and Blackrock Push for T+O in Taiwan May 22, 2012Omgeo is working with investment managers across Taiwan, including Blackrock, the world's largest money manager, to eliminate inefficiencies and trade fails through same day affirmation of trade details on T+0. Moving to a Centralized Collateral Management Environment: The Way Forward February 28, 2012Firms can centralize their collateral management processes by using tactical solutions that will work not only in the short term, but that will also give them the tools necessary to comply with future regulations and embrace new technologies as they become Swaps Regs Up the Ante on Collateral Management February 21, 2012To cope with new swaps regulations, Kempen Capital Management scrapped its Excel spreadsheets in favor of an iinhouse collateral management system. As Latin American Markets Heat Up, Omgeo Partners With DCV In Chile June 29, 2011Currently, the majority of Chilean post-trade, pre-settlement processes for international transactions are not fully automated. Markit And Omgeo To Set New Financial Standard For Account Documentation February 02, 2011Speeding the onboarding process lowers operational cost and reduces settlement times and the risk of failed trades. Thomson Reuters Hires Robert Hegarty and Tim Lind December 10, 2010The financial data powerhouse taps the former DTCC and Omgeo executives for senior roles in its enterprise division. New Pan-European Equities Matching Service Executes First Live Trade October 18, 2010The service allows executing brokers and prime brokers to clear hedge fund transactions. Omgeo Receives SEC No-Action Letter for TradeSuite Confirm Archive August 24, 2009Clients can now outsource trade confirmation recordkeeping. Omgeo Extends Central Matching Platform to Broker/Dealers June 16, 2009Twelve early adopter brokers have now signed on to Omgeo CTM around the globe, including Bank of America Merrill Lynch, Credit Suisse and Deutsche Bank. Omgeo And EuroCCP Partner To Streamline Prime Broker/Hedge Fund Trade Processing June 08, 2009Omgeo and EuroCCP will launch in 2010 a pan-European equities central counterparty (CCP) service for hedge fund transactions. New Automated Data Feed Between Omgeo’s Crosscheck and DTCC March 30, 2009The link is designed to reduce operational risks in the over-the-counter (OTC) credit derivatives market by enabling market participants to align their portfolios with contract records maintained by the DTCC Warehouse. Omgeo Debuts Counterparty Risk Management Solution February 02, 2009Dutch pension fund Mn services live on collateral management offering Collateral Automation to Be A Trend in 2009 December 19, 2008Market turmoil placed a spotlight on counterparty risk, and collateral management is critical to mitigating counterparty credit exposure. Solutions that help value and manage collateral on a near-real-time basis will be one of the few areas of IT investmen Omgeo Enhances Tradesuite and Introduces Omgeo Insite December 10, 2008
Central repository houses electronic trade disclosures, eliminates paper and risk inherent with manual processes. Wall Street Taking A Closer Look at Collateral Management November 17, 2008The quiet backwater of collateral management has been stirred up by Bear Stearns' collapse, Lehman's bankruptcy, AIG's near-death and ongoing turmoil in the credit markets. Omgeo Acquires Allustra and Launches Integrated Derivatives Product Line September 15, 2008Combined collateral management and derivatives reconciliation offering helps clients mitigate counterparty risk. Former Eagle Investment Systems Exec Scott Hillyer Joins Omgeo as Managing Director September 08, 2008Hillyer Brings Over 21 Years of Expertise to Omgeo's Leadership Team Post-SocGen, Firms Increase Focus on Risk July 31, 2008Better communications and same-day affirmation for derivatives trading are among major concerns for financial firms who want to reduce risk.