Trade Order Management
areas we improved:
Environment Cost and Efficiency, Straight Through Processing, Compliance Client Type
Large East Coast Asset Manager, with 20 million accounts and more than $3.5 trillion in assets.
Deliverables
- Deploy a Trade Order Management System
- Improve Straight Through Processing from the Front Office through the Middle Office to the Back Office across multiple asset classes
- Create new and modify existing Compliance Rules
- Establish Best Practices and documentation including cross training of staff
Enosys Roles and Team
Team
- Between 6 and 8, depending on phase
Contribution
- Subject Matter Expertise in Trade Order Management solutions
- Best practices
- Provide guidance and recommendations on MiFID 2
- Project structure, guidance, and execution
Skills
- Subject Matter Expertise
- Project Management
- Business Analysis
- Technical Analysis
- User Acceptance Testing
Project Result
- System deployed successfully within 12 months
- Straight Through Processing
- Improved order flow and matching
- Significant reduction of trading errors
- Improved FIX connectivity
Follow Up Assignment
Client engaged Enosys to participate in subsequent OMS system upgrades
Similar Projects
Contact Enosys for examples of Vendor-specific OMS System Deployment and System Upgrade projects, including Post Trade Systems