Albert Chiu, President of QRMO, states, âWe chose Omgeo CTM as it helped us move from our internal semi-automated matching systems to a more robust, scalable and institutional-grade platform that is globally recognized by fund managers, investors and market participants alike as the gold standard in fully automated trade matching technology. Nearly 70 percent of QRMOâs daily trade confirmations will be processed directly by Omgeo CTM and the system can easily support QRMOâs rapidly increasing number of trades being processed among its growing client base.â
QRMOâs hedge fund clients will leverage the Omgeo CTM service, allowing them to take advantage of advanced trade matching capabilities while instilling confidence in the due diligence process with investors and prospective investors.
Marianne C. Brown, President and CEO of Omgeo, added âWe view operational and counterparty risk mitigation as one of our key industry mandates. In QRMO we have found an important partner on this quest; together we hope to be able to significantly increase levels of automation in Asia, while reducing risk and cost. The global hedge fund community continues to be one of our fastest growing client segments, with a 20 percent Year Over Year growth since 2005. We remain committed to servicing this key client segment with volume insensitive and secure services globally.â