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OMS Branches Out

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Order management systems are not only expanding their reach across the firm, they’re exploring ways to integrate with counterparties.

Order management system (OMS) vendors are constantly upgrading and enhancing their products to meet the demands of their clients. The past year has seen direct access technology gain traction in both the buy and sell sides, and OMS vendors have begun preparing their customers’ systems for T+1.

Beyond direct access, firms are applying smart order routing technology

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