Offers clients agile and flexible options for on-boarding with DTCC’s world-class Omgeo CTM platform
iValue Consulting, a premier consulting company in the banking and finance sector with specific focus on capital markets, today announced a partnership with The Depository Trust & Clearing Corporation (DTCC). iValue’s iConfirm, an industry-demanded and unique middleware solution that establishes seamless integration between clients’ systems, will interface with DTCC’s Omgeo Central Trade Manager (Omgeo CTM), its flagship strategic platform for the central matching of cross-border and domestic transactions, thereby enabling clients to quickly and efficiently link their existing OMS/PMS systems and Omgeo CTM in an automated, straight-through-processing (STP) environment.
“iValue is partnering to provide platform- and system-independent capabilities for client on-boarding onto DTCC’s Omgeo CTM. Clients can take advantage of the iConfirm and Omgeo CTM interface to meet their changing business needs across entities, markets and asset classes,” said, Matthew Nelson, Managing Director of Global Product and Strategy at DTCC’s Omgeo. “This partnership will help to increase post-trade automation levels quickly, in light of cost pressures.”
Bradford Chung, who oversees operations at Aspen Hill Partners (Hong Kong) Limited, said, “We were pleased with the agility and flexibility of the iConfirm and Omgeo CTM interface. The entire implementation was completed within weeks, despite bespoke requirements to meet our processing needs.”
Trupti More, Director at iValue Consulting, said, “This partnership allows our mutual clients to benefit from non-intrusive processing capabilities of iConfirm and quickly realize the benefits of faster on-boarding to the Omgeo CTM platform. With the industry’s drive towards STP processing, iValue has focused on offering custom implementation options to significantly lower Total Cost of Ownership (TCO) using on-premises or cloud-based hosted solution options.”
