SimCorp Acquires 100% of Equipos SimCorp, a vendor of investment and portfolio management software and services, will fully acquire reporting software vendor Equipos for $13.9 million (£8.3 million) as SimCorp expects total ownership will encourage existing clients to adopt Equipos’ solutions. SimCorp, which already owns 20% of Equipos, will be purchasing the remaining 80% of… Read More >>
Special Report: FIX Moves Into Post-Trade Processing
Buy- and sell-side firms are reassessing their post-trade infrastructures and looking for cost-effective ways to streamline operations. Firms are finding a new ally in their post-trade quest: the venerable FIX protocol, which is extending nicely from the front office into middle office functions. Technology vendors and service providers are moving fast to meet a growing… Read More >>
SunGard Financial Systems Hires Marianne Brown as ISITC Has a New Chair
SunGard Financial Systems Hires Marianne Brown as COO SunGard has cleared up the mystery over the next move for Marianne Brown, who is stepping down from her post as president and CEO of Omgeo. Brown will become the next chief operating officer (COO) of SunGard’s Financial Systems business on Feb. 24, officials say. Brown, who… Read More >>
Q&A: Paula Arthus to Take the Reins at Omgeo
Paula Sausville Arthus took time out of her busy schedule to give FTF News a preview of what she would like to achieve when she takes the reins from Marianne Brown (please see accompanying Q&A), who will leave her position as president and CEO of post-trade services vendor Omgeo on Feb. 21.An industry veteran, Arthus… Read More >>
Q&A: Marianne Brown Bids Farewell to Omgeo
FTF News had a quick chat with Marianne Brown, who will step down from her position as president and CEO of post-trade services vendor Omgeo on Feb. 21. Brown will be succeeded by Paula Sausville Arthus (please see accompanying Q&A) who has more than 25 years of experience in financial services, according to the DTCC,… Read More >>
Marianne Brown to Leave Omgeo
Marianne Brown will leave her position as president and CEO of post-trade services vendor Omgeo after serving for seven years and will be replaced by Paula Sausville Arthus, say officials at the trade processing utility DTCC, which owns Omgeo.On Feb. 21, Arthus will succeed Brown, who is departing to “pursue other business opportunities,” DTCC officials… Read More >>
DTCC’s Bodson is Omgeo’s Chairman as Clearstream’s CIO/CTO Exits
DTCC’s Bodson to Serve as Omgeo’s Chairman Post-trade solutions provider Omgeo has a new chairman in Michael Bodson, president and CEO of the DTCC, which earlier this month completed its acquisition of Omgeo. Bodson, who joins Omgeo’s board of managers, will take on the role from Andrew Gray, managing director of Core Business Management at… Read More >>
Xenomorph Links to S&P Data as Omgeo Takes on Collateral Ops
Xenomorph Builds Connector to S&P Data Data analytics and management systems provider Xenomorph has built a connector between its TimeScape platform and S&P Capital IQ’s data offerings that officials at both vendors say might lead to productivity improvements in operations due to higher data quality.The new link will provide an integrated platform for market, reference… Read More >>
DTCC Finalizes Omgeo Acquisition
Post-trade processing utility the DTCC has officially completed its acquisition of Omgeo, a post-trade services and solutions provider, and will integrate Omgeo’s international buy-side clients with DTCC’s customers to create growth, say officials from both companies.As a fully-owned subsidiary of the DTCC, Omgeo will oversee global strategies for post-trade processing and settlement that will facilitate… Read More >>
Omgeo Aims for a Global SSI Utility as DTCC Builds Client Data Service with A-List Firms
Omgeo & DTCC Ready ‘Global Utility’ for SSIs Post-trade solutions provider Omgeo and the DTCC are combining forces to build a repository that would effectively serve as a global utility for standing settlement instructions, intended to lower operational costs and bolster efficiency, say Omgeo and DTCC officials.SSI data such as account number, currency code, security… Read More >>
