Date

Event

April 26, 2000

DTCC and Thomson Financial announce agreement to form global joint venture for post-trade processing

March 1, 2001

DTCC-Thomson Financial global joint venture named Omgeo formed

March 19, 2001

Adam Bryan named first president and CEO of Omgeo

April 2001

Omgeo receives regulatory approval in US and UK

May 1, 2001

Omgeo opens for business with 6,000 users in more than 30 countries

October 15, 2001

Omgeo Central Trade Manager (Omgeo CTM) launched

September 2003

Uptake of Omgeo CTM and central matching continues

July 12, 2004           

Omgeo reaches trade matching milestone with 150 buy-side users (130 live users on OASYS-TradeMatch and 34 live on Omgeo CTM)
 

December 15, 2004       

Richard R. Macek, executive managing director Risk and Finance for DTCC, named chairman of the board of managers for Omgeo
 

March 9, 2005           

Availability of Omgeo ALERT via the Web for investment managers and custodian banks
 

September 6, 2005       

Omgeo Connect launched

November 30, 2005       

Omgeo achieves milestone of millionth fixed income allocation for the year

March 27, 2006          

Availability of Omgeo ALERT via the Web for broker/dealers

May 1, 2006             

Omgeo commemorates its 5th Anniversary with over 110 clients live on Omgeo CTM, 8,000 fixed income allocations via Omgeo OASYS per day and over 70 STP Partners

October 9, 2006         

Japanese securities depository (JASDEC) links to Omgeo CTM and OASYS Global to create single point of access for settling both domestic and cross-border trades in Japan
 

October 24, 2006

Marianne Brown appointed new president and CEO of Omgeo after Adam Bryan's 5 year tenure

December 27, 2006

Omgeo increases fixed income allocations in the U.S. via Omgeo OASYS by more than 45 percent over 2005, achieving more than 2 million allocations for the year.

March 1, 2007

Omgeo becomes first post-trade firm to offer link directly to the Canadian Depository for Securities (CDS) for settlement of both domestic and cross-border trades. The availability of Omgeo CTM for Canada’s domestic trades helps firms comply with National Instrument 24-101 – Institutional Trade Matching (ITM) and Settlement, mandated by the Canadian Securities Administrators.

October 9, 2007

Omgeo Transaction Report updated to meet new MiFID requirements, as set out by the Financial Services Authority (FSA).

February 25, 2008

Omgeo streamlines access to its standing settlement instruction services by combining the interfaces of its two databases, Omgeo ALERT and Omgeo SID.

March 31, 2008

Omgeo TradeSuite enhanced to process repurchase agreements (repos) and reverse purchase agreements (reverse repos).

April 28, 2008

Together with Omgeo, a prominent group of broker-dealers, investment managers and industry association members successfully urged the Securities and Exchange Commission to grant a no-action letter to Omgeo, voiding the need for paper confirmations, eliminating several hundred million pages of paper from the securities industry each year.

May 12, 2008

Omgeo and the Brazilian Clearing and Depository Corporation (CBLC), subsidiary of BOVESPA Holding, start discussions about possibility of partnership to identify areas for improvement in post-trade communications between domestic and cross border participants where trades are executed in the Brazilian marketplace.

August 4, 2008

Omgeo CTM provides ability to send copy of settlement notification to multiple third parties for informational purposes, in addition to custodian notification for settlement.

Omgeo CTM volumes have increased 256% since January 2006 and the community of clients using the solution has increased nearly 27% since the beginning of this year. Additionally, the number of clients using Omgeo CTM settlement notification has increased over 20% since the beginning of 2008 and settlement notification volume has increased 14% for the same time period.

September 2, 2008

Omgeo has over 200 hedge fund clients, including the majority of the top 10 hedge fund firms worldwide .

September 8, 2008

Omgeo ALERT enhanced to enable users to establish multiple levels of authorization for the creation, maintenance and deletion of all Foreign Exchange (FX)/Cash settlement instructions and facilitate enhanced validations to the FX instruction.

September 15, 2008

Omgeo acquires Allustra, a London-based provider of collateral management solutions. Allustra offers a suite of products that provide customers the ability to consolidate trade positions across asset classes, including OTC derivatives, and to manage the collateral process that mitigates the associated counterparty risk.

In addition, Omgeo acquires a derivatives portfolio reconciliation platform designed by Global Electronic Market’s (GEM), after piloting the technology with one of the largest brokers/dealers and one of the most sophisticated hedge funds in the world. By joining GEM’s derivatives reconciliation capabilities with Allustra’s collateral management solution, Omgeo sets a new standard for the market as the only organization to provide clients such a combined derivatives product line.

February 2, 2009

Omgeo officially launches Omgeo ProtoColl, its collateral management solution, and Omgeo CrossCheck, its portfolio reconciliation tool. Together, these offerings are driving Omgeo’s counterparty risk mitigation services.