Markit and Omgeo Partner to Deliver Account Documentation

John Burchenal, managing director, Omgeo

Data vendor Markit and post-trade industry utility Omgeo have partnered to standardize the way buy- and sell-side firms manage documents required to open and maintain client accounts.

The partnership means Markit and Omgeo can link client settlement instructions used in trade allocations with client documentation by combining Markit Document Exchange, a central online platform for counterparty documentation, and Omgeo Alert, a web-based global database for the maintenance and communication of st

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