Omgeo and Hundsun Technologies have signed a global alliances agreement to create a certified interface between Omgeo Central Trade Manager (Omgeo CTM) and Hundsun for China.

The interface between Omgeo CTM and Hundsun will enable Chinese investment managers to automate cross-border trade processing with Omgeo’s extensive global community of brokers and investment managers. Users of the interface will be able to access their Hundsun order management system, and the link to Omgeo, in Mandarin. This feature is expected to resonate well with local market participants.

Development of the Omgeo CTM/Hundsun interface will start later this year and a solution will be available in 2010.

Omgeo creates certainty in post-trade operations through the automation and timely confirmation of the economic details of trades executed between investment managers and broker dealers. Across borders, asset classes, and trade lifecycles, Omgeo is the global standard for operational efficiency across the investment industry. Formed in 2001, it is jointly owned by the DTCC and Thomson Reuters.

Founded in 1995 and listed on the Shanghai Stock Exchange since 2003, Hundsun Technologies Inc. is recognized as the premier technology provider for China’s financial services industry. The company offers a comprehensive suite of front to back-office software for both buy and sell-side institutions, including order & execution management, compliance, risk management & performance evaluation and wealth management capabilities. Hundsun’s systems connect over 30 thousand branches of financial institutions and manage more than 3 trillion of Renminbi-denominated assets.

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