Industry survey shows data and technology challenges in the middle offices of banks and brokers.
Boston group is the largest member affiliate of the Security Traders Association.
SVP, Citi, Goldman Sachs, and Morgan Stanley will invest in the new company.
The industry will evolve, learn and improve, making prime clients the ultimate winners.
Automated order-routing process helps the buy side trade more systematically.
Key elements dovetail with the Global FX Committee’s evolving guidance on pre-hedging.
Consolidated Order Manager automates front to back OMS connectivity and centralizes order execution.
Buy-side firms are demanding systematic approaches to alpha generation and risk management.
They risk losing clients who are increasingly demanding greater levels of automation.