10:49 AM
ConvergEx’s Eze OMS Integrated with ICE Link
ConvergEx has integrated its Eze OMS with ICE Link, an electronic affirmation and novation consent platform for over-the-counter derivatives trading.
The integration offers clients a fully automated process to submit and affirm derivatives trades prior to processing. It will also help client meet standards set by the International Swaps and Derivatives Association and Board Oversight Committee and offers a connectivity tool for clearing in the CDS markets.
In a statement, Rob Keller, managing director of Global Product Management for ConvergEx’s Eze Castle Software, said, “It is our job to provide our clients with the tools they need to remain efficient and this connection with ICE Link offers clients even more automation to process OTC derivatives.”
He added, “In addition to drastically improving operational efficiency through time, money and resources saved, this will also make it easier for clients to comply with regulatory and industry guidelines.”