Omgeo Sees Fixed Income Volumes Rise in 2013

In 2013, Omgeo saw a 20% increase year over year in fixed income volume on Omgeo Central Trade Manager (CTM) and a 17% increase in fixed income volume on Omgeo OASYS.

Omgeo CTM is a multi-asset class platform for the central matching of cross-border and domestic transactions. Omgeo OASYS is a U.S. domestic trade allocation and acceptance service. Regionally, the Americas had the most volume on these platforms with 11.5 million fixed income transactions processed in 2013 compared to 10 million in 2012, a 15% increase. Asia-Pacific saw the largest year-over-year increase, with 32% growth in volumes to 201,000. Fixed income volumes in EMEA remained at 2.5 million.

“This year, investment strategies and decisions have had to keep up with significant shifts in the macro environment, such as the quantitative easing-related market moves in the U.S. last year. These events have resulted in fund flows in and out of equity and fixed income as well as shifts within fixed income asset classes,” says Kevin Arthur, director of Fixed Income Markets at Omgeo.

“The middle and back office has to keep up with changes to investment strategies and, in an environment where the fund flows can be dynamic, investing in the right operational systems and processes becomes all the more important. The community and volume growth we have seen are a result of market participants’ increasing desires to adopt global, industry best practice processes – including automation and standardization in post-trade operations,” he adds.