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To: StocksMan who wrote (19892)12/3/2002 9:39:52 AM
From: StocksMan  Read Replies (1) | Respond to of 20297
 
CheckFree Financial and Compliance Solutions Joins Omgeo STP Partners Program(SM) for Reconciliation

Tuesday December 3, 9:30 am ET

Partnership Enhances CheckFree Straight Through Processing Offering And Cross-Border Trade Settlement Solutions

ATLANTA, Dec. 3 /PRNewswire-FirstCall/ -- CheckFree Financial and Compliance Solutions, a business unit within CheckFree Corporation (Nasdaq: CKFR - News), today announced that it has signed an agreement to build an interface from its CheckFree RECON Securities system to Omgeo TradeHub(SM), a settlement notification and reconciliation service. With the new connection, buy-side financial services clients will benefit from a secure network to receive settlement reconciliation messages from custodians for their reconciliation system, enabling straight through work flows and greater operating efficiency.

TradeHub is the communication link between Omgeo's messaging, matching and settlement services that provide settlement notification and reconciliation information between Investment Managers and Custodians and translation services between counterparties. TradeHub provides a single point of access to reliable domestic and international messaging and communications for equity and fixed income securities for Investment Managers, Broker/Dealers and Custodians. . .

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