Trading

Order Manager: electronic trading, with speed and control

As electronic trading continues its explosive growth rate and displaces outmoded trading models, the need for cutting-edge technology has never been more acute. Trading has become increasingly dependent on technology, and companies that have recognised this and acted accordingly, have achieved a clear competitive advantage.

SimCorp’s fully-integrated, front-office suite, Order Manager, has been designed to facilitate optimised, electronic trade-processing in order to reduce risk and costs. Implementing investment strategies can be done fast and with confidence, by placing orders electronically and receiving executions in a fraction of a second with the FIX electronic messaging protocol. FIX is an industry-driven messaging standard that is changing the face of the global financial services sector, with firms using the protocol to transact electronically, transparently, cost-efficiently and in a timely fashion.

Focus on best execution while increasing activities and transparency

Serving as a key platform for the daily work of traders, Order Manager gives a full overview of all orders and trades. It enables trading desks to reduce manual and handling tasks, such as entering trade and execution details, allowing traders to concentrate on achieving best execution. Moreover, Order Manager makes it possible to increase trading activity with speed and control, thanks to the use of a customisable dual-screen blotter which allows the trader to accept, consolidate, net, place and execute trades with a single click, while reviewing real-time market prices. For transparency, Order Manager automatically records every order addition, rejection or change, including changes to order status. This way, complete audit and control information is available for traders and compliance personnel in real time.

State-of-the-art order management tools

As part of SimCorp Dimension’s Straight-Through-Processing front-office solution, Order Manager provides a fast, safe and user-friendly trading room environment for timely and efficient trade execution, from single orders to multiple large-scale programs. Seamlessly integrated with Asset Manager and the downstream SimCorp Dimension trade processing modules, Order Manager offers a full, transparent, real-time transaction flow to take place alongside Omgeo™ and SWIFT™. Avoiding cumbersome data reconciliation between systems, full integration is possible with third-party trading tools like MarketAxess™, TradeWeb™, Bloomberg™, ioinet™ and FXall™.