TradingTech Insight OMS, EMS & SOR The latest content from across the platform

Murex Collaborates with Gulf Bank to Launch MX.3 Treasury Management System

Paris-based technology vendor Murex has launched the MX.3 treasury management platform with Gulf Bank of Kuwait, to allow the bank to develop and automate its treasury and capital markets systems, and to enable seamless workflow across front-to-back-to-risk management and processing. The platform will enable Gulf Bank’s Treasury Department to benefit from synergies in connected functions,…

TORA Integrates Glimpse Fixed Income Data Sharing Platform

Cloud-based front-to-back office technology provider TORA, has integrated the Glimpse Markets data sharing platform for fixed income into its order and execution management system (OEMS), enabling TORA’s OEMS users to seamlessly view Glimpse’s aggregated buy-side execution data at point of trade. The integration aims to give the buy-side more control and visibility. Clients can also…

GroupAma Successfully Executes First Trade on Wave Lab’s eLISA OEMS

Credit execution solution startup Wave Labs has successfully executed the first live trade on eLISA, its Electronic Liquidity Seeking Application, with Groupama Asset Management, in coordination with Bank of America Merrill Lynch and Morgan Stanley. eLiSA is a fixed income order and execution management system (OEMS) that aims to empower true holders of fixed income…

Hurricane Capital Advisors Selects SS&C Platform

Hurricane Capital Advisors, a New York based start-up offering a global alternative investment management platform, has deployed SS&C Technologies’ front-to-back office solution to provide fund administration, customised middle office solutions, FIX connectivity, hosting, and order and execution management systems. The firm expects to carry 10 portfolio managers on the platform by July 2021. “We wanted…

FlexTrade Integrates BMLL Data Feed and Analytics into FlexTrader EMS

OEMS vendor FlexTrade Systems has integrated data and analytics from BMLL Technologies into its FlexTrader EMS, giving clients the ability to access data and enriched pre- and post-trade analytics from within the FlexTrader EMS blotter. The BMLL Data Feed, which is pre-computed from granular, Level 3 order book data, is designed to provide market participants…

Exegy and Vela Merge to Create Market Data and Execution Technology Powerhouse

Exegy, a provider of hardware accelerated solutions for market data and predictive analytics, and Vela, a market data and execution technology provider, have announced the merger of their business operations in an agreement backed by Marlin Equity Partners, a global investment firm with over $7.5 billion of capital commitments under management. Commercial terms of the…

Horizon Software Launches Composite Spreader to Automate Spread Execution

Electronic trading solutions vendor Horizon Software has launched a purpose-built Composite Spreader as part of its broader OMS roadmap, to automate the execution of multi-leg spreads. The product, which is now live and can be integrated with Horizon’s algo framework, provides clients with a user interface to define synthetic multi-leg spreads with a set of…

IHS Markit Teams Up with Wave Labs to Enhance Fixed Income Price Discovery

IHS Markit has partnered with Wave Labs, a start-up specialising in fixed income liquidity sourcing, to accelerate price discovery and deliver insights and operating efficiencies to buy-side fixed income managers. The arrangement involves plug-and-play integration of IHS Markit’s thinkFolio multi-asset investment management platform with Wave Lab’s Electronic Liquid Seeking Application (eLiSA). Sourcing liquidity in fixed…

State Street’s Currenex to Provide Trading Technology for New Interbank Crypto Platform

PureMarkets plans to base its new Pure Digital interbank digital currency trading platform on State Street’s Currenex, a high-performance matching engine used to facilitate trading in FX, money market loans and deposits, and precious metals. Pure Digital will offer a fully automated, high throughput OTC marketplace for digital assets and cryptocurrencies, with associated custody services….

Low-Code: The New Standard for Sell-Side Fixed Income Desks

By Vuk Magdelinic, CEO of Overbond. Low-code programming isn’t coming — it’s already here. And 2021 is the Year of Low-Code, according to IT publications such as SD Times and TechRepublic. “The worldwide low-code development technologies market is projected to total $13.8 billion in 2021, an increase of 22.6% from 2020,” according to the latest forecast by Gartner. The…