Best trade order management systems
Execution management systems EMS and a hybrid covering the other two have their own fan bases but developments in the industry will be shaped by the need for greater efficiencies and impending regulation.
The study which canvassed 12 vendors showed that a greater need for specialisation, generic and one-size-fits-all solutions will mean that EMS will become more specialised towards lower latency and support of high frequency trading HFT while OMS will move in the direction of cross-asset enablement. At the moment there are three main options. There is the EMS which implements execution strategies and is targeted primarily for the sellside.
It started life as exchange dealing screens and direct market access. It has developed into systems that automate trading strategies, manage electronic transactions across multiple venues, support a range of algorithms and provide transaction cost analysis TCA. OMS, on the other hand, consolidate and manage client order flows, as well as interactions between clients and sales and the execution desks. Its functionalities span processing indications of interest, routing orders to the dealers and handling post trade allocations.
Other features include accounting functions, compliance reporting, allocation and commission management which help track the outcomes of the trading activity. Last but not least are the order and execution management systems OEMSs which have emerged in the wake of a more stringent regulatory framework.
Such operational control though is laden with a heavy price tag and this is expected to fuel demand for an integrated OMS and EMS systems. Middle and Back Office Solutions. They come to us for the latest insight from our platform , to source the best suppliers through our fintech product directory , to find new exciting job roles or discover digital talent for their business via our job listings , to learn about key live and digital events , and to download useful resources such as whitepapers and case studies.
The keystone of Broadridge's Investment Operations Platform, Portfolio Master combines order management, portfolio management, and risk management in a single application, enabling fund managers to streamline their operations and reduce complexity in their mid-back office.
Portfolio Master can help fund managers control exposure and inoculate their portfolio against adverse market Buy-side clients rely on MX. Portfolio diversification is delivered through immediate and seamless access to any product type, across an IMSplus, Investment Management platform.
Introduction IMSplus is an award-winning Investment Management platform offering rich functionality front-to-back. Modular and highly flexible, IMSplus adjusts to the specific business requirements TeleTrading is a flexible, scalable platform that centrally controls the flow of trading orders and executions for any traded asset.