Order Management System (OMS)
Multi-channel order capture with pre-trade risk control and a complete order trail.
Overview
The OMS captures orders from every channel a broker serves, checks them against risk and limit controls before they reach the market, routes them to the exchange gateway and manages their execution.
Every order keeps a complete trail from entry to fill, so the firm can answer any question from a client, an auditor or a regulator about what happened and when.
Every order a broker sends carries risk for the firm. Orders arrive through many channels, and each must be checked against the client’s position and limits before it reaches the market.
How it works
Capabilities
Multi-channel capture
Orders from branch, call centre, web, mobile and API.
Buying power
Each order checked against available buying power.
Credit lines
Orders controlled against each client’s credit lines.
Position limits
Limits enforced before orders reach the market.
Price bands
Orders outside permitted price bands stopped.
Routing to the exchange
Validated orders routed to the exchange gateway.
Execution management
Executions managed and reflected against each order.
Complete order trail
Every order traceable from entry to fill.
Built for
Works with
Shared foundations
- Role-based access control, segregation of duties and maker-checker approvals
- Complete audit trails across financial and administrative actions
- Encryption in transit and at rest, secure APIs, monitoring and operational logging
- Deployment in your data centre, private cloud, locally hosted, managed or hybrid, chosen module by module
Questions about Order Management System
What is Order Management System?
Multi-channel order capture with pre-trade risk control and a complete order trail. The OMS captures orders from every channel a broker serves, checks them against risk and limit controls before they reach the market, routes them to the exchange gateway and manages their execution.
What problem does Order Management System solve?
Every order a broker sends carries risk for the firm. Orders arrive through many channels, and each must be checked against the client’s position and limits before it reaches the market.
Who is Order Management System built for?
Order Management System is built for brokerage houses.
Which OTS products does Order Management System work with?
Order Management System works with Optimum Trader, Options Platform, Brokerage Back Office and eKYC Electronic Services.
Can Order Management System be deployed in our own infrastructure?
Yes. OTS products can be deployed in your own data centre, in a private cloud, in a locally hosted environment, as a managed service where regulation permits, or as a hybrid, chosen module by module.
How can we start with Order Management System?
Most engagements start with a half-day discovery session, followed by a demonstration on scenarios that look like yours and a scoped pilot with a fixed timeline of 30 to 90 days.