Provider of post-execution trade management services for the securities industry, Omgeo, today announced nine new members to its Australian advisory board bringing the total to 16.

Omgeo plays a key role in pre-settlement trade management within the global securities industry with more than 6000 users in 42 countries.

Omgeo operates four regional advisory boards in the Americas, EMEA (Europe, Middle East and Africa), Asia and Australia.

The worldwide program is represented by a mix of large and small investment managers, broker/dealers and custodians who are actively using Omgeo's services or are participants in other industry associations.

One of the key initiatives currently being undertaken by the Australian advisory board is to increase fixed income counter-party coverage within the Omgeo community.

A working party has been formed that reports to the board, focusing on providing greater efficiencies to investment managers beyond equities.

The co-chairs of the advisory board include Macquarie Bank associate director, David Johnson, and Alpha Securities Pty Ltd director, George Karantzias.

In addition to Johnson and Karantzias, the full list of Omgeo advisory board members in Australia are: Sue Gregory, Schroder Investment Management Australia Limited; Amanda Mark, UBS Securities Australia Limited; Michael Bastin, Merrill Lynch Equities (Australia) Limited; Ross Gulliford, BNP Paribas Securities Services Limited; Nathan Withers, Macquarie Securities (Australia) Limited; Damien Davies, AllianceBernstein Australia Limited; Joe Demian, Goldman Sachs JB Were Limited; Theresa Robinson, RBC Dexia Investor Services Trust; Ross Brockbank, State Street Australia Limited; Paul Svoboda, Western Asset Management Company Pty Limited; Javier Arango, Challenger Investment Limited; Stephen Parkinson, ING Investment Management Limited; Darren Halse, Fortis Clearing Sydney Pty Ltd and; Kim Pearson, Macquarie Bank Limited.