SS&C Announces Expanded Execution and Order Management Capabilities at SS&C Deliver
PRNewswire – WINDSOR, CT – SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced they have expanded their integrated offerings to provide customers a more powerful enterprise trading platform. Moxy’s order management system (OMS) infrastructure now integrates with MarketTrader’s extensive execution management capabilities, including real-time FIX connectivity to over 400 execution destinations. SS&C will demonstrate these new offerings during the session, Electronic Trading Tools – MarketTrader Execution Platform & the FIXLink Trading Community at SS&C Deliver, SS&C’s annual client conference, being held September 13-15, 2016, in San Diego.
Keeley Asset Management Corp., a Chicago-based independent investment advisory boutique, recently implemented the integrated offering. Michael Lowery, CFA, Vice President, Institutional Trading said, “With this offering, I believe that SS&C understands the future of trading technology. Their integration of MarketTrader (EMS) with our existing order management system (OMS) and FIX connectivity created cost savings and increased operational efficiency.”
SS&C believes firms will benefit from seamless integration that provides a higher-grade execution management tool. This new combined offering ensures that managers can achieve automation and efficiency, reducing risk during the trade lifecycle and gaining speed to market.
“We are proud to work with clients like Keeley Asset Management” said Bob Moitoso, Senior Vice President, SS&C Financial Markets. “As global markets become more complex, the combination of Moxy and MarketTrader along with FIXLink provides a fast, secure, robust, broker neutral trading experience in one integrated platform.
The expanded offering of Moxy with MarketTrader is designed to provide an opportunity for the more than 800 Moxy customers to access state of the art execution management and FIX connectivity seamlessly. Having an integrated solution where order origination, position management, execution management, and integrated post trade processing offered by one technology provider has been a major benefit to clients since SS&C’s acquisition of Advent in 2015. SS&C will do more to integrate offerings into seamless solutions for our clients.
The acquisition strengthens the vendor's product portfolio for financial services.
Cloud enables firms to store and access data in a flexible, 'capital lite' manner.
Network combines carrier-grade connectivity with cost-effective scale and resiliency.
Buy-side shop will leverage TT’s colocation and fiber to trade derivatives and cryptocurrencies.
The vendor partners with Itiviti to deliver the new service.