Commentary

Momtchil Pojarliev
Traders Magazine Online News

Some Like It Hedged

BNP Asset Management's Pojarliev discusses a variety of options to address foreign currency exposures. Although there is no single best-practice solution for addressing foreign currency exposures, institutional investors have three main choices, he says.

Traders Poll

Amid changes in builder, do you think the CAT project will be completed by 2020?




Free Site Registration

January 2, 2012

EMS/OMS Targets Hedge Funds

By James Armstrong

As the drive continues to merge execution and order management systems, TradingScreen has come out with a combined EMS/OMS aimed at alternative asset managers.

TradingScreen, which has traditionally focused on offering an EMS, decided to build up OMS functionality from scratch.

"This is from a total blank page," said Philippe Buhannic, chief executive officer of TradingScreen. "We decided to build it on our own, using some of the tools we have internally."

Though the convergence of EMS and OMS has been talked about for years, combining the two has proven to be challenging.

Buhannic said the leaders in the OMS category designed their systems 15 to 20 years ago, when technology was very different. If they want to now build out an EMS capability, they basically have to redo their entire systems, he said.

EMS providers, on the other hand, rarely have the expertise to create a full-fledged OMS, Buhannic said. He said TradingScreen was well positioned because it had as many people with a back-end background as it did with a front-end background.

"We clearly have a dual experience base, which is very rare to find," Buhannic said.

 

 

(c) 2012 Traders Magazine and SourceMedia, Inc. All Rights Reserved.
http://www.tradersmagazine.com http://www.sourcemedia.com/