TowerGroup: EMS Market Solidifies

TRADING FLOOR TECHNOLOGIES

NEW YORK—The execution management system (EMS) market has quickly consolidated in recent years, according to a new report from market researcher TowerGroup.

However, this does not signal the end of the independent EMS provider as new companies will enter the fray and go the way of the order management system (OMS) market by offering improved capabilities, say TowerGroup analysts. Over the past four years, the EMS market has dwindled to core providers FlexTrade, Portware, InfoReach and

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