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09:37 AM
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ConvergEx Releases Enhanced Eze OMS

ConvergEx has launched a new version of its Eze OMS order management system with improvements for increased flexibility, scalability, speed and new functionality across portfolio management, compliance, trading and operations.

The new release includes significant expansion of the EMS functionality included in the Eze OMS such as enhanced and streamlined workflows for algo and DMA trading. In addition the improved EMS offers the ability to change limits on multiple orders using absolute price or an offset of the current price.

Other new features include a build-your-own framework for users to collapse and create view on any data element in the system; expanded asset class coverage now supports algorithms for options, futures and FX in addition to equities; enhanced third-party interfaces to improve the transmission of OTC derivatives data; redesigned short locate functionality for users to send and receive stock loan requests directly from the order entry ticket; and many more.

In a statement, Tom Gavin, chief executive officer of ConvergEx’s Eze Castle Software, said, “This marks another significant milestone in the evolution of our technology and execution of our strategic product roadmap. Since the launch of our service‐component architecture, we’ve been able to make dramatic improvements in both architecture and functionality at a rapid rate. With this release, we further expanded the depth and speed of our EMS functionality while adding new features throughout the product.”

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