Case Study: BNP Paribas achieves rapid Omgeo CTM migration and minute-level trade confirmations with Tungsten Automation

BNP Paribas Accelerates Trade Confirmation Cycles to Grow its Fixed Income Business

BNP Paribas, a European leader in global banking and financial services serving millions of customers worldwide, needed to migrate quickly from Omgeo OASYS Global to Omgeo CTM without disrupting clients or internal operations. The bank wanted to leverage its long-standing use of Kofax Optitrade to preserve middle‑office investments, maintain familiar user interfaces, improve service levels and meet compliance and T+2 readiness goals.

Kofax designed and implemented an Optitrade-based CTM interface and completed the migration in three months, delivering real-time trade status updates and minimal user disruption. The solution enabled exception-only processing, cut confirmation times from hours to minutes, reduced operational risk, increased trading volumes and new client wins, and advanced BNP Paribas toward T+2 compliance.

BNP Paribas

Andy Stalker

London Sales Support Manager