Imagine Software, the leading provider of real-time portfolio management, risk and regulatory solutions for financial firms worldwide, today announced a strategic partnership with Omgeo – a wholly-owned subsidiary of The Depository Trust & Clearing Corporation (DTCC) and the global standard for institutional post-trade efficiency. The collaboration will deliver seamless integration between Imagine's real-time portfolio and risk management capabilities and Omgeo's post-trade solution for equities, equity derivatives, fixed income, bonds and REPO.
Clients using this interface will be able to efficiently manage risk in real-time, while smoothly executing post-trade operations across asset classes and geographies in an automated, straight-through-processing environment.
"Imagine is the first buy-side service provider partner to certify repurchase agreement capabilities on Omgeo Central Trade ManagerSM (Omgeo CTM), our strategic platform for the central matching of cross-border and domestic transactions. Now, Imagine and Omgeo CTM users will be able to streamline repo post-trade operations, while continuing to take advantage of the existing equity and fixed income capabilities," said Andy Hughes, Executive Director of Global Partners at DTCC. "This partnership will help to increase post-trade automation levels globally while addressing market participants' needs to respond to increasing regulatory and cost pressures."
Brendan Quinn, Director of Sales at Imagine, added, "This strategic partnership allows our clients to benefit from straight-through processing on both the Imagine and Omgeo platforms and optimize trade processing."
Imagine's portfolio and risk management tools are based on objective real-time risk data and analyses, delivering accurate and auditable financial information to managers, investors and regulatory organizations. Imagine was recently named "Best Real-Time Portfolio, Risk and Regulatory Solutions" firm by Hedge Fund Journal and "Best Risk Management Product" by the HFMWeek.