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Omgeo signs new institutions to settlement platform

Omgeo, the global trade management services initiative set up by Thomson Financial and The Depository Trust & Clearing Corporation, has signed 10 new financial institutions to its straight-through processing platform, Omgeo Central Trade Manager (Omgeo CTM).

The new clients include BNP Paribas, JP Morgan Chase, Société Générale, ABN Amro Asset Management and Brown Brothers Harriman. The new additions bring Omgeo CTM's client base to more than 50, including 14 custodian banks.

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