Omgeo OASYS
Omgeo OASYS is our U.S. domestic trade allocation and acceptance service that communicates trade and allocation details between investment managers and broker/dealers. OASYS replaces error-prone faxes, phone calls and e-mail by automating trade processing, improving efficiency, cutting costs and reducing the risk of trade failure. Key Benefits Increase efficiency and minimize processing costs by limiting
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Editorial Team
- May 12, 2021
- 1 minute
Omgeo OASYS is our U.S. domestic trade allocation and acceptance service that communicates trade and allocation details between investment managers and broker/dealers. OASYS replaces error-prone faxes, phone calls and e-mail by automating trade processing, improving efficiency, cutting costs and reducing the risk of trade failure.
Key Benefits
- Increase efficiency and minimize processing costs by limiting duplication of effort, ultimately lowering back-office overhead
- Reduce risk by eliminating costly errors associated with manual and verbal communications
- Simplify workflow with a single point of access for all U.S. domestic allocations for all counterparties
- Gain faster connectivity via the Internet and mitigate risk associated with dial-up modems
Key Features
- Automatically send allocations from investment managers to broker/dealers following trade execution
- Provide a current status of trade activity
- Accept or reject trade details and allocations on the same business day
- Automatically append broker/dealers’ internal account numbers to allocations when used in conjunction with Omgeo ALERT
- Central, real-time matching capabilities through OASYS-TradeMatch, allowing for allocation level control and the ability to cancel unmatched trades
