Our Services
Meeting client requirements is OMX Securities’ top priority and we fully recognise that in today’s constantly changing financial markets operational agility and responsiveness are key to any successful business.
To meet these needs, OMX Securities provides a flexible approach to the delivery of its outsourced clearing and settlement services. Bringing real operational efficiency to institutional brokers, retail brokers and fund managers and ensuring they maintain a level of operational control to suit their business.
Flexibility is Key
Our clients can choose how much operational responsibility they retain, selecting one of the following service options.
Retain full responsibility with an ASP model
Service model includes:
• Fully managed and hosted IT service
• Real-time visibility of the settlement lifecycle
• Responsibility for execution and settlement rests with client
• Daily systems operation management by OMX Securities Services
• Full access to middle and back office function, and Web portal
• Disaster Recovery and Business Continuity
Outsource some or all back office functions ("Model A")
Service model includes:
• Full ASP access to front office
• Real-time visibility of the settlement lifecycle
• Client firm is a sponsored nominee through OMX Securities
• Client holds and controls cash and stock in its name
• Client leverages the OMX CREST gateway; membership sponsored by OMX
• Disaster Recovery and Business Continuity
Outsource operational responsibility ("Model B")
Service model includes:
• Full ASP access to front office
• Real-time visibility of the settlement lifecycle
• Client leverages OMX Securities name/balance sheet
• OMX Securities has responsibility for market settlement
• OMX Securities provides ownership and management of CREST relationship and interface
• Client can monitor settlement activity and status at all times
• Disaster Recovery and Business Continuity
Clients can quickly and easily move between service models as the demands of their business change.
Our systems run 24 hours a day, seven days a week and our flexible support infrastructure ensures that someone is always available during hours that meet your business needs. The outsourced service leverages OMX Securities’ resilient operational infrastructure, including the provisions for a range of disaster recovery options.
