OMS vendors look to smaller, international managers for future growth

TowerGroup predicts buy-side OMS spending to grow from $450 million to $699 million between 2008 and 2012. But compared to a growth rate of 15% between 2002 and 2008, OMS market growth rates will actually decrease to 12% over the next four years.

The TowerGroup report, Spending projections and TowerGroup perspectives on buy-side order management providers, identifies and profiles seven OMS vendors: Advent Software, Bloomberg, Charles River Development, BNY ConvergEx's Eze Castle Software, ITG

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