Omgeo enhances CTM settlement functionality

Omgeo has announced that it has made significant improvements to the settlement notification feature of its core central matching platform, Omgeo Central Trade Manager. The system now offers the ability to send copies of settlement notifications to multiple third parties for informational purposes, in addition to the custodian notification for settlement. Investment managers can send Swift MT541/543 messages to up to 15 third parties such as their underlying clients, fund administrators

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