Varghese Thomas, TradingScreen
SimCorp and TradingScreen are to combine their respective experience and products in the order and execution management system (OEMS) space to deliver cross asset coverage to the global buy side, in one solution for use across the entire investment and trading lifecycle.
The new solution acts as a central repository for trading data and reporting, integrating the OMS and EMS, and tackling many of the pain points associated with current OEMS offerings in the market. The solution meets the requirement for workflow simplification in the front office.
Additionally, the solution helps overcome existing difficulties concerning slow order entry, data sharing, automation and transparency faced by portfolio managers, traders and compliance officers.
Going forward, SimCorp and TS will work with their respective clients to further enhance the front office offering from a workflow, connectivity and data standpoint.
Varghese Thomas, Chief Strategy Officer, TS said: "TS is committed to providing our clients the most accessible, highest caliber technology and connectivity to deliver for 'best execution'. We are excited at the huge potential that this alliance can achieve. The combination of our TradeSmart EMS with the SimCorp Dimension OMS delivers on this promise, with a front to back integration and rapid implementation owing to TS' industry leading SaaS deployment."