ConvergEx boosts OMS with new risk tools
Trading technology company ConvergEx Group has added new tools to its
Eze order management system (OMS) to help clients better manage portfolio
The Eze OMS version 5.7 includes more than 100 new features to
allow buy-side traders to better assess volatility and valuation.
Highlights of the upgrade include
valuation and scenario tools to analyse listed equities, options on equities,
financial futures and financial indices.
The updated OMS now offers tools to help the buy-side configure
and run valuations to view implied volatility and derivative price
sensitivities based on the latest valuation curves. New scenario tools also
lets users analyse how their real-time holdings would respond to significant
Davide Cis, risk product manager for ConvergEx’s Eze Castle
Software said the new tools would meet client’s changing needs.
“Eze’s valuation and scenario
functionality addresses our customers’ demand for a risk tool that is available
directly in the Eze OMS and provides and instant view of a portfolio’s risk and
sensitivity to stressed market conditions,” he said. “We are excited to offer
this first version of our own risk product and plan to expand its functionality
and asset class coverage.”
Earlier this month, ConvergEx released an
upgraded version of their cost analysis technology, PerformEx, giving traders a
detailed outline of risk forecasting and real-time trade analytics.