iValue partners with DTCC for post-trade processing

Offers clients agile and flexible options for on-boarding with DTCC's world-class Omgeo CTM platform
 
SINGAPORE - June 1, 2016 - PRLog -- iValue Consulting, a premier consulting company in the banking and finance sector with specific focus on capital markets, today announced a partnership with The Depository Trust & Clearing Corporation (DTCC). iValue's iConfirm, an industry-demanded and unique middleware solution that establishes seamless integration between clients' systems, will interface with DTCC's Omgeo Central Trade Manager (Omgeo CTM), its flagship strategic platform for the central matching of cross-border and domestic transactions, thereby enabling clients to quickly and efficiently link their existing OMS/PMS systems and Omgeo CTM in an automated, straight-through-processing (STP) environment.

"iValue is partnering to provide platform- and system-independent capabilities for client on-boarding onto DTCC's Omgeo CTM. Clients can take advantage of  the iConfirm and Omgeo CTM interface to meet their changing business needs across entities, markets and asset classes," said, Matthew Nelson, Managing Director of Global Product and Strategy at DTCC's Omgeo. "This partnership will help to increase post-trade automation levels quickly, in light of cost pressures."

Bradford Chung, who oversees operations at Aspen Hill Partners (Hong Kong) Limited, said, "We were pleased with the agility and flexibility of the iConfirm and Omgeo CTM interface. The entire implementation was completed within weeks, despite bespoke requirements to meet our processing needs."

Trupti More, Director at iValue Consulting, said, "This partnership allows our mutual clients to benefit from non-intrusive processing capabilities of iConfirm and quickly realize the benefits of faster on-boarding to the Omgeo CTM platform. With the industry's drive towards STP processing, iValue has focused on offering custom implementation options to significantly lower Total Cost of Ownership (TCO) using on-premises or cloud-based hosted solution options."

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About iValue Consulting

iValue Consulting is a premier consulting company in the banking and finance sector with specific focus on capital markets. Established in 2005 and based from Singapore, we provide professional consulting services with highly experienced and qualified consultants. In the FinTech product space, iConfirm is our latest unique offering of platform independent and system independent middleware solution to establish flexible communication between client's host systems with Omgeo CTM using MTI. Clients have the flexibility of a traditional on-premises installation or a full-service, cloud-based ASP with real-time monitoring and integrated connectivity. Established to provide institutional-grade functionality and support for broader asset classes for businesses of all sizes and complexity, iConfirm is being adopted by customers in multiple countries.

For more information, visit www.ivalueconsulting.com.sg or contact us at +65-6701-8501.

About DTCC

With over 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes, and standardizes the post-trade processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers worldwide. User owned and industry governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to the financial markets. In 2015, DTCC's subsidiaries processed securities transactions valued at more than US$1.5 quadrillion. Its depository provides custody and asset servicing for securities issues from over 130 countries and territories valued at US$45.4 trillion. DTCC's global trade repository maintains approximately 40 million open OTC positions and processes roughly 280 million messages a week. To learn more, visit us at www.dtcc.com or follow us on Twitter (http://twitter.com/The_DTCC) and YouTube (https://www.youtube.com/c/TheDTCC1973).

Contact
iConfirm Sales, iValue Consulting
***@ivalueconsulting.com.sg
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