Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Trading Technology

03:50 PM
Connect Directly
RSS
E-Mail
50%
50%

The Debate Over Execution Management Systems Vs. Order Management Systems

Over time, the current debate over the value of execution management systems (EMSs) versus order management systems (OMSs) will become irrelevant, predicts Aite Group (Boston).

Over time, the current debate over the value of execution management systems (EMSs) versus order management systems (OMSs) will become irrelevant, predicts Aite Group (Boston). Currently, according to research from Aite, investment institutions with a long-term focus tend to choose an OMS-only model, whereas investment vehicles such as hedge funds, which trade with great frequency and complexity, tend to lean toward EMS platforms.

However, the differences between the two will continue to blur as OMS vendors build or integrate EMS functionality into their platforms, the consultancy asserts. Aite also adds that industry consolidation and vendor acquisitions will make finding a truly independent EMS vendor more difficult than finding an unconflicted broker service.

Aite expects current spending of about $1 billion on EMS and OMS platforms to grow through 2010 to $1.2 billion.

Register for Wall Street & Technology Newsletters
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.