OMS-EMS Convergence? - Not So Much

Trading Technology

The buzz last year was all about the convergence of order management and execution management systems (OMSes and EMSes). Since then, vendors have been working hard to integrate their systems or build new execution functionality into their existing OMS offerings, in a bid to help firms become one-stop trading shops. It is still early days and uptake for converged OMSes and EMSes-referred to as OEMSes-so far has been limited to a handful of firms.

Many say convergence is the way the industry is

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Broadridge rethinks the OMS

Through its partnership with Glue42, Broadridge is bringing together the best components of its agency trading and market-making solutions.

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