Wrestling with OMS and EMS Decisions

Wrestling with OMS and EMS Decisions

Many asset managers are wrestling with the decision on whether to keep the order management system (OMS) and execution management system (EMS) as two separate best-of-breed systems, or switch to a single unified platform known as the OEMS. FlexTrade’s Ivy Schmerken investigates.



Many asset managers are wrestling with the decision on whether to keep the order management system (OMS) and execution management system (EMS) as two separate best-of-breed systems, or switch to a single unified platform known as the OEMS.

Buy-side firms have been demanding tighter integration between their order management and execution management systems for years.  Some are looking to consolidate their trading platforms to drive down costs. Others want a single platform to reduce the complexity of trading across multiple asset classes and geographies.

Some critics contend that the OEMS has not lived up to the hype of creating a synchronized blotter and a complete audit trail in both systems. They argue that it’s been difficult to pull data from the OMS into the EMS or visa versa.

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FlexTrade is a global leader in broker-neutral, execution and order management trading systems for equities, FX, options, futures and fixed income. A pioneer in the field, FlexTrade introduced the first trading system that allowed clients to control and customize their proprietary algorithms while maintaining the confidentiality of their trading strategies. Change is the only constant in electronic trading. That's why FlexTrade is continuously upgrading its products and services. All can be tailored to meet the demanding requirements of a global client base of more than a 200 buy- and sell-side firms.
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