A Japanese regional bank, FFG Asset Management, is moving to “no touch” post-trade processing for equities and fixed income transactions via the services of the Institutional Trade Processing (ITP) suite from the Depository Trust & Clearing Corp. (DTCC). FFG AM, based in Fukuoka, reports that it has selected DTCC’s CTM for the centralized matching of… Read More >>
Omgeo Offers SSI Support for Custodians, Prime Brokers
Post-trade service provider Omgeo is attempting to automate more of the back-and-forth between custodians, brokers and their clients in the latest release of its Omgeo Alert solution, version 5.0. Alert 5.0 adds the Global Custodian Direct feature, which enables global custodians and prime brokers to electronically maintain “timely and accurate standing settlement instructions (SSI) on… Read More >>
