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Itaú Chooses Omgeo to Automate Post-trade Processing

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Brazil's Itaú Asset Management has begun using the central trade matching and settlement instruction services provided by Omgeo to automate post-trade processes with its broker-dealer counterparties globally.

Itaú, which previously relied on faxes, emails and spreadsheets for its equity processes, will consider extending the central matching service to its domestic transactions in the future.

Omgeo Central Trade Manager (Omgeo CTM) is a platform for the central matching of equity trades. The

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