DTCC in Asia Pacific
Our story in Asia Pacific began in 2001 when Omgeo was created in a joint venture between Thomson Reuters and DTCC, combining various trade services previously provided by each of the two parties.
Omgeo eventually became a fully owned subsidiary of DTCC in 2013 when the company purchased the remaining 50% stake that it did not own from Thomson Reuters. Today, Omgeo is fully integrated with DTCC – the alignment allows us to better meet the long-term needs of the industry in order to deliver a more holistic and integrated client experience across the organization.
User-owned and –governed, DTCC leverages our unique market position to anticipate the region’s future needs and respond with cost effective solutions that meet changing market and regulatory conditions in Asia Pacific.
DTCC's Client Network
Because of our close connections with industry associations, regulatory bodies, counterparties and partners, we are able to share insights on issues that affect our clients. In the same vein, DTCC collaborates with parties in the industry to help our clients in Asia Pacific address challenges or issues pertaining to post-trade automation (Omgeo Central Trade Manager®), reporting of over-the-counter derivatives transactions (Global Trade Reporting), collateral management (DTCC-Euroclear GlobalCollateral Ltd), entity data management (Avox Data Services®, Clarient Entity Hub™, Omgeo ALERT® and the Global Markets Entity Identifier [GMEI®] Utility), and data and analytics (DTCC Data Products including Omgeo Benchmarkssm).
As the value from working collboratively is greater than the sum of its parts, DTCC Solutions Advisory Councils are client groups created by the company to help identify and define product enhancements, participate in industry initiatives, and address regulatory reforms and challenges. It also provides a platform for our senior leaders to network with our clients, and hence showcase our thought leadership.