News

Omgeo 'Early Adopter' Program Gains Momentum

Omgeo today announced that 17 firms have already signed on as "Early Adopters" of its Omgeo Central Trade Manager (Omgeo CTM) global STP platform, further expanding the capability of Omgeo's community of 6,000 clients. These include six investment managers Lazard

Charles River Development Becomes First Omgeo STP Partner

OmgeoSM today announced the expansion of the STP partnership with Charles River Development (Charles River). Through this agreement, Omgeo will assist Charles River in implementing an interface directly to Omgeo Central Trade Manager (Omgeo CTM), the global solution for central

BISYS Selected By Bessemer Trust For Closed-End Fund

BISYS announced today that it has been selected by New York based Bessemer Trust Company to provide fund administration for the investment firm's new closed end mutual fund. Bessemer Investment Management LLC, a wholly owned subsidiary of Bessemer Trust Company,

BISYS Launches Full-Service Solution For Individual(k)

BISYS today announced the formal launch of its full service solution for Individual(k) plan record keeping and administration. Individual(k) is the generic name of the new type of retirement plan which became available for small business owners on January 1,

Zimmerhansl Quits Rabobank International

Roy Zimmerhansl, head of global collateral management at Rabobank International in London, has left the bank. Zimmerhansl was not available at the bank today to comment, but his departure is understood to be an amicable one. "He came here to

Hedge Fund Icon Monroe Trout Plans to Retire

Hedge fund icon Monroe Trout, the 39 year old principal of Trout Trading Management, plans to retire after 14 years at the helm and sell the firm to CEO Matthew Tewksbury, 32, (the firm will eventually be renamed Tewksbury Capital).

India Set to Adopt Rolling DvP on T +3

Only three or four years ago, investors in India were not confident that their trades would settle at all. Even if they did, investors then had to wait weeks for the transfer to be registered and the cash or stock