Fidessa – Fidessa OMS
Fidessa’s buy-side order management system (OMS) provides full asset class coverage, including equities, futures, options, fixed income, foreign exchange and OTC derivatives. The platform is used by a range of global asset managers to manage global order flow and offers configurability and ease of use. The system has been designed to support large-volume order flow. It offers full support for clustering, mirroring and failover. |
A range of operating models are offered, from on-site installation to full application hosting and management. In particular, Fidessa’s Managed Connectivity Service allows broker and venue management to be outsourced to Fidessa. Connectivity to all major buy-side trading destinations is offered as part of this service.
Fidessa offer 24-hour coverage from the firm’s regional centres in London, Boston and Hong Kong.
Functionality
Fidessa’s buy-side OMS is capable of global order
routing, supporting multiple, disparate trading desks from a single, central
installation.
The system can be installed standalone or integrated with
third-party portfolio management systems, quantitative models and other trading
tools. Functionality includes order handling, allocations, commission
management, integrated analytics and sophisticated reporting.
Workflow
Complex orders can be directly captured and workflow ensures that all
processes can be customised to fit any organisation
PM tools
The OMS forms part of Fidessa’s buy-side front
office suite and integrates with the firm’s portfolio modelling solution, its
pre- and post-trade compliance service, Sentinel, and its buy-side execution
management system. This provides portfolio managers with order generation tools
and the inclusion of compliance adds operational control.
Future plans
The OMS is upgraded annually to reflect customer
demand, industry developments and industry best practices.