UK-based outsourced clearing and settlement service provider OMX Securities has won the Systems in the City Award for Most Cost Effective System.  

OMX says it was selected as the category winner by an independent panel of leading industry professionals.

Angus Macdonald, chief executive of OMX Securities said: “OMX is delighted to have won this prestigious award.  This is further recognition that OMX can significantly reduce its clients’ overheads while delivering the fundamental tools they need for growth.”

OMX Securities supplies a complete business infrastructure to handle portfolio management, order management, execution, clearing, custody administration and settlement for wealth managers, institutional brokers and retail brokers.