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Omgeo alliance addresses buy-side STP

Omgeo, the provider of global trade management services jointly owned by the Depository Trust & Clearing Corporation (DTCC) and Thomson Financial, has announced a partnership with six broker-dealers to address the costs associated with non-automated counterparties and improve levels of automation in trade processing across the investment management community. Participating broker-dealers include ABN Amro, Citigroup, Credit Suisse First Boston, JP Morgan

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