OM Technology Integrates TCAM Systems - Launches Oneworld Product Suite Of Securities Systems

In a much anticipated move following OM Technology's acquisition of TCAM Systems earlier this year, OM Technology today (September 30) announces that the former TCAM group is now positioned as the Securities Systems division within OM Technology. "At OM Technology our core competence is to develop trading systems that improve financial and energy markets. With the integration of the Securities Systems division we are now able to offer our markets even more complete and competitive solutions for the entire transaction chain. This places OM Technology in a unique position as the world's leading provider of trading systems," said Magnus Karlsson Böcker, Deputy CEO, OM Gruppen and President, OM Technology. In conjunction with the name change and a strategic product review, all TCAM products have been repositioned and renamed to more closely align with market needs. "We are excited to launch the OneWorld global product suite of securities systems because it better conveys the strength of our products in supporting straight-through processing. Our OneWorld offerings are the client/server, state-of-the-art systems that one would expect from a market leader," said William S. Payne, President of OM Technology Securities Systems. Through OneWorld, OM Technology provides integrated solutions for retail and institutional order management, retail and institutional settlement, position keeping, securities finance, compliance, and gateway connectivity. The company also offers facility management, bureau and outsourcing options for many of its OneWorld products. The purchase of TCAM and subsequent name change marks a new beginning for the former TCAM Systems, which was founded in 1979 and bought by Stratus in 1993 before being divested earlier this year. OM Technology Securities Systems is based in New York with offices in London, Edinburgh, Munich, Marlborough and Stockholm. OM Technology is the world's leading supplier of exchange technology. OM Technology is part of the OM group, which provides transaction technology services and products. OM operates exchanges (OM Stockholm Exchange and OM London Exchange) and develops technology that raises the efficiency of financial and commodities markets worldwide. Parent company OM Gruppen is quoted on OM Stockholm Exchange.