Buy-Side OMS & EMS: A Market Snapshot 
 
Author:  Cheyenne Morgan 
Date:   1/28/2013 
Price: US $ 3,000.00 
 
 

Buy-Side OMS & EMS: A Market Snapshot

Executive Summary
The increased regulatory burdens on the buy side have made compliance tools and audit trails all the more important in today’s trading environment. As a result, order management systems have become an essential in the portfolio management process. Even funds who were satisfied with proprietary OMS systems are looking to third party software as compliance procedures and risk management requirements grow.

The buy side is also consolidating the number of EMS platforms from an average of six platforms on the desktop five years ago, down to just one or two today. Interestingly, those platforms tend to be broker neutral as the preference for EMSs on the buy side shifts to independent providers and agency brokers.

For this report, TABB Group polled the buy side to gauge the views on today’s OMS and EMS offerings. This report highlights those survey results along with trends and analysis in OMS and EMS usage and functionality. Responses were received from 52 buy side firms consisting of traditional asset managers and hedge funds in the US utilizing various trading strategies.

Along with the results of the survey TABB provides analysis of the data and discusses the industry’s views and what that will ultimately mean for the future of the OMS and EMS market.

Table of Exhibits:

Page

Number

Description

2

Executive Summary

3

Survey Demographics

4

What OMS Do You Currently Use?

4

What Are The Important Features in an OMS?

5

How Long Have You Had Your Current OMS?

5

Why Did You Switch OMS Providers?

5

How Difficult is it To Switch OMS Providers?

6

Proprietary vs. Third Party OMS Usage (by Fund Type)

6

Global OMS Market Size (in US $mm)

7

Should OMS and EMS Functionality Merge?

7

OMS and EMS Functionality Overlap

8

Important Factors in Buying an EMS

8

Do You Prefer a Broker Neutral EMS?

9

Which EMS Do You Use? (by Fund Type)

 

 
 
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