OEMS interest sputters
Combined order and execution management systems once offered great promise, but large buy-side firms increasingly want specialization, leaving OEMS vendors to chase smaller asset managers in a world of EMS consolidation.
BlueMatrix acquires FactSet’s RMS Partners platform
This is the third acquisition BlueMatrix has made this year.
PostSig nets $4.1M seed funding to fuel expansion
The vendor will use the funding to solidify its position tracking data contracts and to expand to other contract management needs in the capital markets and beyond.