STOCKHOLM, Sweden, June 21, 2004 (PRIMEZONE) -- OM Technology, a world leading provider of technology, processing and outsourcing solutions for the securities industry, hosted its 2004 Technology of the Future client conference for marketplace, clearing/settlement and depository customers last week, June 14-16. The conference was attended by senior executives from leading exchanges, clearing organizations and CSDs worldwide.
The primary goals of Technology of the Future include discussing the latest technology and business trends, client success stories, interactive sessions and the communication of product updates and new product announcements. The conference promotes an open dialogue between OM and its clients, as well as learning and networking opportunities.
This year's conference featured presentations and break out sessions on a variety of hot topics demonstrating OM's thought leadership as a technology provider to the global securities marketplace. Topics included the future of trading and clearing solutions, performance benchmarking, exchange integration and alliances based on common technology platforms, extended exchange services and a new solution for the OTC market that supports trade confirmation and matching, settlement administration including netting and Central Counterparty Clearing (CCP). OM's state-of-the art technologyinfrastructure, purpose built for the securities industry, with its sophisticated data centers and full service hubs in Europe, North America and Asia, was also featured.
"The conference is a great opportunity for our customers to get together and discuss ways to improve operations in their respective marketplaces," said Anna Wilsson Lantz, Acting President, Financial Markets Business Area, OM Technology. "We believe the strategic value of this event will continue to grow as the pace of change in our industry accelerates. Our clients interact with the OM team - product development, support staff and executives to let us know how we can help them be more competitive and succeed better. Technology of the Future is a first class forum for innovation and an excellent opportunity for our clients to learn more about OM and our initiatives and interact with their peers."
For additional information or comments, please contact: Anna Wilsson Lantz, Acting President, Financial Markets Business Area, OM Technology +46 8 405 67 48 Anna Rasin, VP Marketing & Communications, OMHEX +46 8 405 66 12
About OM Technology/OMHEX
OM Technology is a world leading provider of technology, processing and outsourcing solutions for the financial and energy markets. Known for its fully electronic trading platforms, OM Technology has over 100 customers in 20 countries and is the largest commercial provider of marketplace systems to the world's major exchanges. OM Technology is a division of OMHEX, a company which also owns and operates exchanges, clearing organizations and central securities depositories, and has operations in 11 countries. OMHEX is listed on Stockholmsborsen and Helsinki Exchanges. For more information please visit www.omhex.com.
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