HSBC Trustee signs up as an early adopter of Omgeo CTM

The Hong Kong fund administrator joins 12 other global institutions in adopting the central trade manager platform.

HSBC Trustee joins the latest round of institutions to sign up for Omgeo's straight through trade processing system. The Hong Kong bank is one of 12 global financial firms to adopt the system. Many of these firms have operations in Asia including Goldman Sachs Prime Brokerage, Deutsche Bank and JPMorgan Chase.

The announcement brings the number of investment managers and brokerdealers that have agreed to implement the central matching system to 29 following the launch of CTM in February this year. Omgeo CTM is a workflow-oriented trade management solution for domestic and cross-border trades that provides real-time settlement instruction enrichment and settlement notification messaging.

The investment managers are migrating from...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222