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Singularity announces partners and product availability in Asia for Omgeo CTM connectivity

Hong Kong, London – 14th September 2009

Singularity today announced the immediate availability in Asia of the Singularity Trade Accelerator for Omgeo CTM and named 5 implementation partners available to assist clients with implementation.

Singularity is a Global Alliance Partner of Omgeo and the first Partner to achieve Omgeo certification for both its Broker and Investment Manager products for Omgeo CTM connectivity.

Through its Singularity Process Manager for Omgeo CTM, Singularity provides out-of-the-box connectivity to Omgeo CTM, enabling global broker/dealers and investment managers to access Omgeo's central matching capabilities from their Singularity solution. The Singularity Process Manager for Omgeo CTM is agnostic and non-invasive, and can be implemented at any Broker or Investment Manager without changing host/in-house applications. In addition, the solution was architected to provide existing Omgeo OASYS Global users with a smooth transition to Omgeo CTM, ensuring no adverse impact on their operations during transition.

Singularity has assembled a strong portfolio of high quality local implementation partners to assist its Asia clients of all sizes with expert help. Partners include: ITOCHU Techno-Solutions Corporation, ISID, DTWO, Eff Limited and CityNetworks. Singularity will be pleased to introduce partners to any clients requiring local implementation assistance in Asia or elsewhere.

Simon Powell, manager of global alliances at Omgeo, commented: “Singularity shares some of Omgeo's largest global clients. Partnering with Singularity allows our Omgeo broker and investment manager clients to easily realise the benefits of Omgeo CTM and a more streamlined post-trade environment. In today's volatile global markets, brokers and investment manager must minimize their operational risk while reducing costs and serving their clients and counterparties well. Singularity's link to Omgeo CTM offers a fast, smooth and secure transition so that the benefits of central trade management can be quickly realised.”

About Omgeo:
Omgeo plays a core role as the orchestrator of post-trade pre-settlement trade management within the global securities industry. With more than 6,000 users in 42 countries around the globe, Omgeo acts as a central hub and go-to resource for solutions that expedite information flow and connect systems in order to fuel productivity, reduce costs and minimize risks for investment managers, broker/dealers and custodian banks. Firms count on Omgeo's rich experience as a solutions provider, entrenched relationships with regulators, industry associations and third-party service providers to help them navigate through a continuously changing industry landscape. For more information about Omgeo and its STP solutions, please visit http://www.omgeo.com/.

 

About Singularity:

Singularity increases the performance and agility of business processes by rapid implementation of its industry-leading Business Process Management (BPM) products.

Singularity’s mission is to populate the world with agile organizations. As the leading Business Process Agility specialist we today serve clients in over 30 countries from our offices in London, New York, Singapore, Ireland and India and through our network of partners globally. Acclaimed by leading industry experts, as the best in our field, we provide a unique combination of thought leadership and practical help that creates a new generation of successful organizations.

For further press information please contact Kathryn McDevitt at Singularity.
Email: marketing@singularity.co.uk, or telephone: + 44 28 71 267767. For more information, please visit http://www.singularitylive.com or http://www.singularity.co.uk

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