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DTCC links up with Omgeo to target buy-side users

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The Depository Trust & Clearing Corporation's Deriv/Serv system is set to expand its buy-side client base after pre-settlement system Omgeo links up to it this quarter.

Omgeo, itself a joint venture from the DTCC and Thomson Financial, will link up to the DTCC via its new Omgeo Connect service, which is now being used by five of its large institutional investment clients. The firm intends to roll

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