Omgeo and Eze Software Group have created an interface that fully automates futures and options matching between the Eze OMS and Omgeo Central Trade Manager, a central matching solution for domestic and cross-border exchange-traded derivatives (ETDs), equities and fixed-income transactions.
This new interface has been developed using Omgeo CTM’s native XML messaging format and aims to improve both the speed and capacity with which trades and trade statuses can be delivered between the two systems.
The Eze OMS is a global multi-asset class order management system.
Chris Corvi, director of product management for the Eze OMS at Eze Software Group, said: “Our clients increasingly demand fully integrated workflows across their trading and post-trade operations."
"Omgeo CTM enables us to offer the benefits of Omgeo’s central matching solution directly through the Eze OMS, increasing the overall efficiency of their workflows and bringing scalability to the confirmation, allocation and matching processes.”
Ted Leveroni, executive director of derivative strategy and external relations at Omgeo, said: “Futures and listed options have become integral parts of buy-side trading strategies, and firms need to ensure their trade processing capabilities can keep up."
"This link will help users eliminate unnecessary risk while improving efficiencies across the trade lifecycle, with equities, fixed income and ETD trades processed from a single platform.”
In addition to Omgeo CTM, the Eze OMS also links to Omgeo OASYS, an allocation and confirmation service for US securities. Together, Eze Software Group and Omgeo have more than 175 clients live on their joint offerings.
