AutoMatch is an automatic matching service that interfaces to OASYS Global. Institutional investors feed trade details from their trade-capture systems to AutoMatch, which automatically attempts to match them to broker details as they are received through OASYS Global. Princeton Financial's AutoMatch interface provides enhanced straight-through-processing solutions for investment managers by enabling them to identify unmatched trades earlier in the trade cycle and, therefore, reduce the number of failed trades.
Since 1999, Princeton Financial has supported an interface to Omgeo's TradeMatch to compare institutional trades. Princeton Financial is a member of the Omgeo STP Partners Program, which partners with service providers around the world and throughout the trade management process to provide trade management solutions enabling clients to achieve straight-through-processing.
"Princeton Financial's partnership with Omgeo underscores our commitment to providing our clients with robust straight-through-processing solutions to streamline and accelerate trade management operations," said Princeton Financial Product Manager, John Kuhn. "As investment managers look toward improving operational efficiency, and their need for staying competitive through automation grows, it is essential that institution/broker communication be automated in order to start the settlement process as soon as possible. Our interface to Omgeo AutoMatch automates the matching process enabling staff to concentrate on addressing exceptions."
Princeton Financial Systems, a wholly owned subsidiary of State Street Corporation, is a leading provider of investment management and accounting systems and ASP services for global institutional investors. Its flagship PAMÂ® investment management systems provide comprehensive STP-ready front-to-back office functionality that can be licensed for in-house use or accessed via the Internet. PAM systems are currently used worldwide by 335 leading insurance companies, mutual funds and unit trusts, investment managers, pension funds, and banks, which manage combined total assets near US $3 trillion. Princeton Financial has offices located in the United States; Windsor, England; Amsterdam; Brussels; Sydney; Singapore and Toronto.