DTCC to buy Omego from Reuters

The Depository Trust & Clearing Corporation plans to buy out the remaining 50% of Omego which it doesn’t own, reports the Financial Times.

By Staff | July 25, 2013 | Last updated on July 25, 2013
1 min read

The Depository Trust & Clearing Corporation plans to buy out the remaining 50% of Omego which it doesn’t own, reports the Financial Times.

The DTCC will purchase the holdings from Thompson Reuters in order to use Omego technology to extend into risk analysis.

For the full story click here.

Read: Building an ETF portfolio

A look at the tech sector

Regulators aren’t protecting client data

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

IMF upgrades its forecast for China’s economy

Economic Indicators

IMF upgrades its forecast for China’s economy

Says economy likely to grow 5% this year, but consumer-friendly reforms are needed to sustain growth

By Elaine Kurtenbach |May 29, 2024

2 min read

More Canadians making only minimum payment on credit cards: TransUnion

Economic Indicators

More Canadians making only minimum payment on credit cards: TransUnion

Cost-of-living crisis and higher interest rates eat into household budgets

By Ritika Dubey, The Canadian Press |May 28, 2024

2 min read

Business optimism grows in Q2: StatsCan

Economic Indicators

Business optimism grows in Q2: StatsCan

Labour-related concerns increase, but sentiment improves regardless

By James Langton |May 27, 2024

2 min read