Business Services Industry
News: In brief - Omgeo STP solution to boost online allocations.(Brief Article)
Financial Times Mandate, April, 2003
Omgeo has launched a new STP solution in the US and is planning a similar initiative outside that market.
Global trade management services provider Omgeo claims that Omgeo Allocation Manager will simplify allocation submission, minimise cost and improve operational efficiencies for an estimated 3000 investment managers manually processing trades in the US.
The service derived from a jointly sponsored initiative with Credit Suisse First Boston, JPMorgan, Morgan Stanley and UBS Warburg.
According to Adam Bryan, president and chief executive of Omgeo, the underlying goal is "to increase automated allocations from a larger number of managers around the globe, as the benefits of STP will be limited without them".
Premium Content Partnership |
HighBeam Research provides an in-depth online archive library of reference works.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
