Murex, a collateral and processing solutions provider, has entered into a strategic partnership with Omgeo, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC), to enhance post-trade operations.
With real-time certified connectivity to Omgeo’s central trade manager software, the Murex MX.3 platform will be able to provide increased automation and straight through processing (STP).
Buy- and sell-side clients will benefit from a single platform to support their investment process, post-trade operations and settlement, including exceptions management with brokers directly from a centralised end-user dashboard.
"In today's risk adverse global markets, the minimization of operational risk and the associated time and cost savings are critical factors for instilling confidence in operational processes and capabilities,” says Simon Powell, regional manager of global partners at Omgeo.