SMBC Nikko Replaces Bloomberg SSEOMS with Itiviti OMS Platform

Following Bloomberg’s decision in June 2019 to withdraw its Sell-Side Execution and Order Management Solutions (SSEOMS) and Itiviti’s offer to help SSEOMS users migrate to its OMS, SMBC Nikko London Capital Markets has successfully replaced the Bloomberg platform with Itiviti’s multi-asset OMS for high touch trading in London and added Itiviti’s middle office solutions including UL Middle, UL Books and UK Publisher. SMBC Nikko already included Itiviti in its technology stack and says the latest additions will support its cash equities desks in London, sales trading across Europe and the US, and execution services in Asia.