Omgeo Updates ProtoColl For CFTC Reporting
Omgeo, the post-trade processing services provider, has updated Omgeo ProtoColl, its automated collateral management solution, to help firms provide the daily mark-to-market reports mandated by the US Commodity Futures Trading Commission (CFTC).
Under the CFTC's requirements, swap dealers and major swap participants must begin delivering daily mark-to-market statements on many of their open derivatives positions to their counterparties and contributing counterparties. In response, Omgeo has
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