Product Details Omgeo inSITE is a web-based central repository that stores Omgeo TradeSuite confirmation disclosures. Built by Omgeo, with industry input, for use with TradeSuite 7.1 and the optional TradeSuite Confirm Disclosure service, Omgeo inSITE eliminates the need to generate additional paper confirmations, resulting in cost savings for both the buy- and sell-side.
Using pre-defined criteria, broker/dealers post their confirmation disclosures within Omgeo inSITE. Each set of criteria generates a URL and reference number associated with a particular disclosure. TradeSuite electronic confirmations submitted by broker/dealers enriched with the URL and reference number of the disclosure appropriate for that trade. Counterparties view this information by following the URL and using the unique reference number noted on their enriched electronic confirmation.
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Product Snapshot
Asset Classes Fixed Income, Equities, Repurchase Agreements
Learn about the asset classes that Omgeo currently supports. Download our Asset Class Matrix +
Lifecycle Events Enrichment
Related Products TradeSuite
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Key Benefits
Save money by eliminating the costs associated with printing, mailing and storing paper confirmations.
Increase efficiency by using Omgeo inSITE and the Confirm Disclosure service, which provide real-time delivery with proof of receipt of each electronic confirmation.
Achieve greater compliance by fulfilling the Securities and Exchange Commission (SEC) Rule 10b-10 requirements. In a ‘No Action’ letter received by Omgeo, the SEC essentially declares that access to electronic confirmation disclosures equals delivery from a 10b-10 compliance standpoint.
Go green by taking advantage of electronic confirmations. By removing the need to generate additional paper confirmations, use of Omgeo inSITE saves millions of paper confirmations and hundreds of trees each year.
Interface Options
Omgeo inSITE is an optional component for use with Omgeo TradeSuite and the TradeSuite Confirm Disclosure service. It is available with any of our TradeSuite 7.1 interface options.
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