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Article: INDATA Partners with Omgeo to Provide Investment Managers with Real-Time Access to Omgeo CTM for INDATA Precision Trading Users Via FIX.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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INDATA[R], a leading industry provider of SaaS (Software as a Service) for buy-side, investment management firms announced that Precision Trading, INDATA's 'best of class' OMS and front office solution is fully certified with Omgeo Central Trade ManagerSM (Omgeo CTM), Omgeo's central matching engine. As a result, investment managers using INDATA now have a strategic platform for central matching of transactions across multiple asset classes directly via the FIX protocol.
Omgeo CTM automates the allocation and confirmation parts of the trade lifecycle, involving investment managers, broker/dealers and custodian banks. Through INDATA's partnership with Omgeo, ...