07.09.2013

Omgeo and Eze Software Partner on Trade Lifecycle System

07.09.2013
Terry Flanagan

With futures and listed options playing an increasingly important role in buy-side trading strategies, it’s necessary to automate matching of equities, fixed income and exchange-traded derivatives trades from a single platform, in order to improve efficiencies across the trade lifecycle.

Omgeo, a provider of post-trade automation, and Eze Software Group, a provider of global investment technology, have launch a system to fully automate futures and options matching between the Eze OMS and Omgeo Central Trade Manager (Omgeo CTM), a central matching solution for domestic and cross-border exchange-traded derivatives (ETDs), equities and fixed-income transactions.

This new interface, which has been developed using Omgeo CTM’s native XML messaging format, greatly improves both the speed and capacity with which trades and trade statuses can be delivered between the two systems.

“Futures and listed options have become integral parts of buy-side trading strategies, and firms need to ensure their trade processing capabilities can keep up,” said Ted Leveroni, executive director of derivative strategy and external relations at Omgeo. “This link will help users eliminate unnecessary risk while improving efficiencies across the trade lifecycle, with equities, fixed income and ETD trades processed from a single platform.”

By enabling Eze OMS buy-side users and their broker counterparties to match ETD, fixed income and equity trades in real time, the new Omgeo CTM link will increase operational efficiency, lower settlement risk and enhance straight-through processing for Eze OMS users.

“Our clients increasingly demand fully integrated workflows across their trading and post-trade operations,” said Chris Corvi, director of product management for the Eze OMS at Eze Software Group. “Omgeo CTM enables us to offer the benefits of Omgeo’s central matching solution directly through the Eze OMS, increasing the overall efficiency of their workflows and bringing scalability to the confirmation, allocation and matching processes.”

Eze OMS is a global multi-asset class order management system that streamlines the investment cycle from idea generation through settlement. Users also benefit from Omgeo CTM’s capacity to efficiently process the significant volumes of trades required by large institutional hedge funds and traditional asset managers.

In addition to Omgeo CTM, the Eze OMS also links to Omgeo OASYSS, an allocation and confirmation service for U.S. securities. Together, Eze Software Group and Omgeo have more than 175 clients live on their joint offerings.

Pension funds, sovereign wealth funds, endowments and other institutional asset owners are sitting on vast troves of data -- but extracting value from that data is more challenging than ever.

#AssetOwners #DataQuality

Technology costs in asset management have grown disproportionately, but McKinsey research finds the increased spending hasn’t consistently translated into higher productivity.
#AI #Fiance

We're in the FINAL WEEK for the European Women in Finance Awards nominations – don't miss your chance to spotlight the incredible women driving change in finance!
#WomenInFinance #FinanceAwards #FinanceCommunity #EuropeanFinance @WomeninFinanceM

ICYMI: @marketsmedia sat down with EDXM CEO Tony Acuña-Rohter to discuss the launch of EDXM International’s perpetual futures platform in Singapore and what it means for institutional crypto trading.
Read the full interview: https://bit.ly/45xRUWh

Load More

Related articles

  1. SEC's approval of generic listing standards for crypto ETFs could lead to hundreds of new funds.

  2. Compliance date for reporting by alternatives managers has been extended by one year.

  3. Will Robos Transform The Wealth Management Industry?

    The asset manager has partnered with DigitalBridge, CIP and Actis.

  4. More than $200m has been initially committed to bolster the blue economy across emerging markets.

  5. Daily Email Feature

    Asset Owners Increase Outsourcing

    Market segments that have typically been closed to outsourcing middle office services are now open.

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] By continuing to use our services after Aug 25, 2025, you agree to these updates.

Close the CTA