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Radianz and Omgeo Streamline Access to Next-Generation Central Matching Solution; Radianz Joins Omgeo STP Partners Program.


NEW YORK -- Radianz, the leading global provider of financial connectivity services, announced today that it has teamed up with Omgeo to offer mutual clients an additional connectivity option that will streamline access to Omgeo Central Trade Manager(R) (Omgeo CTM CTM Continuum (gaming)
CTM Community Trade Mark (Europe)
CTM Cisco Transport Manager
CTM Confederacion de Trabajadores de Mexico (Spanish: Confederation of Mexican Workers) 
), the global solution for central trade management. The Radianz connection, which will be accessible to our community of over 10,000 financial services sites worldwide, is currently planned for availability by year end.

Under the agreement, Omgeo will utilize the Radianz shared market infrastructure platform as an alternative delivery mechanism for Omgeo CTM. In addition to matching trade details, Omgeo CTM also provides exception-only processing, real-time settlement instruction enrichment and automated settlement notification messaging to the global securities industry. As a member of the Omgeo STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;.  Partners Program, Radianz and Omgeo are also exploring the possibility of additional interfaces to other Omgeo services.

"As the need to create greater operational efficiencies continues to grow across the industry, we recognized the importance of offering a variety of ways for clients to access Omgeo CTM," said Kathy Ball-Toncic, Executive Director, Global STP Partners Program at Omgeo. "Through Radianz's shared connectivity platform, our clients will have the opportunity to access Omgeo CTM along with a variety of other services and counterparties they need to reach over a single resilient connection."

Howard Edelstein, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Radianz, added: "Emerging market trends demonstrate that financial institutions are under increased scrutiny to reduce operational risk and leverage a sound infrastructure for their business processes. We look forward to working with Omgeo to be able to provide clients with cost-effective access to its services."

About Radianz

Radianz (www.radianz.com) is the leading provider of secure, reliable, and scalable connectivity to the global financial community. The Company's shared market infrastructure is a neutral platform that provides turnkey access to a broad array of pre-trade, trade, and post-trade applications from leading content and service providers across the straight-through processing (STP) chain. In 2004, the readers of WATERS magazine named Radianz "Best Network Provider." Radianz was founded by Reuters (LSE LSE - Language Sensitive Editor : RTR RTR Ready To Run
RTR Rundfunk & Telekom Regulierungs Gmbh
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RTR Radio e Televisiun Rumantscha (Romansh Radio and Television, Switzerland)
RTR Response Time Reporter
RTR Ready To Race
RTR Ready to Roll
;NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: RTRSY) and Equant (NYSE NYSE

See: New York Stock Exchange
: ENT ENT ears, nose, and throat (otorhinolaryngology).

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ear, nose and throat.

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) (Euronext Paris: EQU) in June 2000 and operates as an independent company.

Radianz and the lighthouse logo are trademarks of the Radianz group of companies worldwide.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 3, 2004
Words:374
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