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GBST launches automated trade matching

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By Rachael Micallef
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1 minute read

GBST Holdings has announced that an automated trade matching solution joint offering with Omgeo has gone live with its first institutional brokerage client.

Securities transaction and fund administration software specialist GBST had previously been using the Omgeo solution, OASYS GlobalSM. The new integrated solution links GBST Shares, a back-office equities system, with post-trade processing specialist Omgeo's Central Trade ManagerSM, an automated solution for the central matching of tradeable assets. These include cross-border and domestic equity, fixed income, exchange traded derivative and contracts for difference trades. Clients will be able to access Omgeo's functionality directly through the GBST Shares system, with same-day affirmation rates, real-time central matching capabilities and increased capacity.'