Investmaster launches 'Mifid prepared' OMS

Investmaster, the UK-based provider of integrated wealth management technology, has launched OMR2 , an order management and routing system (OMS) designed to handle multi-channel and multi-market transactions and introducing direct SETS order book access. Mifid, set to be introduced in November 2007, will force investment managers to demonstrate access to a range of counterparties in order to provide their clients with a 'best execution' service. OMR2 connects to all three UK Retail Service

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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