In January, 17 firms, including fund managers, broker dealers and custodian banks, signed on as Early Adopters of Omgeo's Central Trade Manager CTM global straight-through processing platform. Bill Hodash was in Hong Kong recently talking to clients and exchange representatives about the initial phase of the product, which aims to replace and greatly improve on the old Thomson OASYS Global system, and he took time out to talk to FinanceAsia.
FinanceAsia You're involved with the Securities Institute of America SIA T1 committees. I noticed that in October the proposed date for change in settlement procedure to trade day plus one T1, was put back a year to June 2005....
