TradingScreen, the execution management system (EMS) provider of multi-broker and multi-asset class trading systems to the buy side, announced the integration with FMO, the online portfolio management system for global hedge funds with reporting and attribution analysis functionality.
The certified integration of TradingScreen and FMO links the front and middle/back office to offer the buy side a new level of trading efficiency built on the combined multi-asset class capabilities of both systems, the vendor said in a release.
Institutional traders using this FIX based EMS-OMS solution will leverage TradingScreen's global order routing and advance execution management functionality coupled with FMO portfolio management system to manage post trade and middle office processes with brokers and custodians, reconciliations, reporting, as well as fund accounting.
The latest FMO release features improved-real time and historic reporting of fund performance across multiple prime brokers and custodians to manage counterparty risk and provide clients additional process transparency.
Paul Lemphers, director of FMO Asia commented: "Post the financial crisis clients are more focused on post trade processes including managing multiple prime brokers, counterparty risk, and accurate reporting and performance attribution. Investors are demanding better processes in order for funds to raise more capital. By integrating with TradingScreen we can now offer to TradingScreen's fast growing number of Asian customers a portfolio management system that is quick to get up and running and accurately processes data from TradingScreen for middle and back office processes."
"As clients increasingly trade a broader range of asset classes across global markets, the real time integration of the trading and workflow processes to portfolio management systems are becoming more important and complex. Integrating with FMO is a natural extension for TradingScreen as we continue to commit to offer our clients the automation of the full trading lifecycle that meets their needs, and ultimately deliver additional value to them, commented Bernard Ho, Head of Asia Pacific and Japan. We look forward to working with FMO as they continue their expansion into the region."