About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

TORA Implements Cloud OEMS at Buy-Side Firms Based in Zurich and New York

Subscribe to our newsletter

TORA has reported two implementations of its order and execution management system (OEMS) in as many weeks, taking both Zurich-based Systematic Investment Management AG (SIMAG) and New York-based Schonfeld Strategic Advisors’ Asian offices into the cloud with its unified OEMS.

These implementations follow consolidation in the OEMS industry over recent years and demonstrate buy-side intent to improve technology and move solutions off premise and into the cloud.

SIMAG, a joint venture between Credit Suisse and the Swiss Federal Institute of Technology, uses artificial intelligence (AI) to extract signals from noisy financial data. The firm was looking for a technology partner that offered a cloud-based, unified OEMS and portfolio management system (PMS) that would allow it to execute sophisticated strategies using straight-through processing (STP). It also required an open system that could quickly interface with existing technology and deal with post- trade allocations.

Christian Gast, SIMAG CEO, says a selection process found TORA was best placed to provide flexible configuration, state-of-the-art technology and client service for the firm’s STP requirements.

Schonfeld Strategic Advisors, a global asset manager, has implemented the TORA OEMS to manage its Asian equity trading operations after a two-year, head-to-head evaluation that ultimately replaced a legacy OEMS platform with the TORA solution. Schonfeld is also using TORA Ticketing to support middle and back-office functions, including post-trade allocations.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best Practices for Managing Trade Surveillance

The surge in trading volumes combined with the emergence of new digital financial assets and geopolitical events have added layers of complexity to market activities. Traditional surveillance methods often struggle to keep pace with these changes, leading to difficulties in detecting sophisticated market abuses and increased regulatory risk. To address these challenges, financial institutions are...

BLOG

From Pilot to Production: Navigating GenAI’s Transition in Financial Markets

The financial markets sector is accelerating its engagement with generative AI (GenAI), yet moving from proof of concept (POC) to production remains a complex challenge. Key questions continue to dominate industry conversations: What use cases are mature enough for deployment? How can firms embed the necessary controls to manage reputational and regulatory risk? What organisational...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...