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

Upcoming Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

4 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and...

BLOG

BlockFills Integrates Definitive Finance’s On-Chain Execution Platform to Expand Institutional Trading Capabilities

Digital asset infrastructure provider BlockFills has partnered with decentralised finance (DeFi) platform Definitive Finance, to enhance its on-chain trading capabilities for institutional and venture capital clients. The integration allows BlockFills to offer automated execution across a wider range of tokens, including less liquid and emerging assets, while improving execution quality and maintaining trading anonymity. Definitive’s...

EVENT

TradingTech Summit London

Now in its 14th 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...