Trading technology company ConvergEx Group has added new tools to its Eze order management system (OMS) to help clients better manage portfolio risk.
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 market events.
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.