Omgeo Names Randy Guy New Global Head of Technology

New York, Boston, London - 10 January 2011

- Reaffirms focus on innovation and reliability with appointment of industry veteran

- Brings renewed industry perspective and quality assurance experience to the position

Omgeo, the global standard for post-trade efficiency, today announced that Randy Guy has been named Managing Director of Technology. In his new role, Randy will focus on developing and executing Omgeo’s technology strategy, while driving product innovation, promoting efficiencies, and continuing to enhance service reliability. Dave Cutright, Omgeo’s former Managing Director of Technology, will continue to be an integral part of the technology team to ensure a smooth transition until his retirement in July, 2011.

Prior to joining Omgeo, Randy spent six years as Chief Technology Officer (CTO) of Linedata, a key Omgeo business partner. While there, he managed a team of 350 employees worldwide and was responsible for supporting 15 strategic products. Most recently, Randy spearheaded building out an off-shore development and quality assurance (QA) team in Tunisia, standardizing technology throughout the organization, integrating and consolidating product lines, and developing internal tools to drive a metrics-based project tracking approach for all products. Before that, Randy worked for LongView, which was acquired by Linedata.

Steve Matthews, COO of Omgeo, commented, “We are extremely pleased to welcome Randy to our organization. His extensive experience in overseeing a vast global team, thorough technological background, and strong client-facing skills enable him to bring the perfect mix to Omgeo. Having Randy at the helm of our global technology team truly exemplifies our dedication to reliability and technological development.”

Randy Guy, Managing Director of Technology at Omgeo, said, “As a long-term partner of Omgeo, I am very excited to be joining such an important industry organization. I look forward to working with the Omgeo team to continue to introduce market leading technology and systems in order to meet the evolving demands of our clients and the industry, while promoting efficiencies and technological advancements.”

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