One week after the official launch of Omgeo, the eagerly awaited central matching and trade confirmation service provider has begun to shed light on its strategy for Asia. The full extent of its plans will be outlined when the companys new president, Adam Bryan, visits the region next week.
Bryan is likely to confirm that Omgeo, the joint venture between The Depository Trust Clearing Corporation DTCC and Thomson Financial, will build on the strong product penetration Thomson ESG has in markets like Australia and Hong Kong, by approaching fund management firms in other domestic markets. The first targets will be Taiwan, Korea and India.
A few months ago we hired a country manager...
