Omgeo Expands Chilean Presence as 3 Brokers go Live on Omgeo CTM
This is the result of a partnership between Omgeo and the Chilean central depository, Depósito Central de Valores (DCV), and will provide the brokers with an automated trade confirmation and reporting process for foreign investors, according to Tim Keady, managing director of sales and solution delivery at Omgeo.
Over the last year-and-a-half, Omgeo has been working with the DCV to add automation to the market, especially for trade processing when it comes to the middle and back office, Keady
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