Messaging software provider, TransactTools has partnered with Omgeo to provide a FIX interface to Omgeo Central Trade ManagerSM (Omgeo CTM), an STP solution for processing trades from execution through to settlement.
With the FIX interface to Omgeo CTM, investment manager clients are able to utilize FIX 4.4 for both equity and fixed income trade processing, linking front and back offices.
“TransactTools’ TCM provides a reliable, robust and scaleable platform for Omgeo,” said Steve Matthews, managing director, product and business development at Omgeo. “Their professional services team understands our business and, using their FIX and technical expertise, delivered a solution that can be adopted easily by our customers and partners.”
TransactTools, an Omgeo Certified STP Partner, built the solution on top of its TCM (Transactional Connectivity Management) platform, integrating the Omgeo CTM protocol as a pluggable protocol within TransactTools’ TCM architecture. Now all features and functions of the TCM platform are available to all Omgeo CTM message flows, including the ability to monitor the transactions. TransactTools has also provided monitoring tools that provide real-time business state views into both the FIX and Omgeo CTM message flow.