Omgeo Automates SSI Data Management for Custodians & Brokers

State Street one of five custodians due to go live with the new capabilities.

bill-meenaghan-omgeo
Bill Meenaghan, global product manager for ALERT, Omgeo

Bill Meenaghan, executive director of Alert product management for Omgeo, tells WatersTechnology that traditionally investment managers have maintained SSI data manually, but they're increasingly turning to their prime brokers and global custodians to help them reduce risk.

In the worst case, by doing this manually there can be data entry errors that result in cash being moved into an incorrect account with the inability to get it back.

"The biggest risk is that you are relying on a user to add

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: