RiskTech Forum

Trading Technologies Introduces TT OMS

Posted: 17 October 2018

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced the launch of its new full-service order management system, TT OMS. TT OMS is a unique end-to-end solution that seamlessly integrates sophisticated order management capabilities with best-of-breed execution tools. It will be deployed via software-as-a-service (SaaS) through TT’s global, high-speed network on an open platform designed with redundancy, failover and disaster recovery.

With TT OMS, TT will be able to onboard and accommodate the most complex and complicated integrations, order-handling workflows and client-servicing needs. TT OMS will service every product and instrument accessible on the TT platform, including futures, fixed income and cryptocurrencies. TT OMS requires no long-term commitment, making it a cost-effective solution in today’s cost-conscious environment.

“TT OMS will offer key benefits that clients are demanding now: cost efficiencies, vertical integration and technology consolidation,” said CEO Rick Lane. “Connecting the two critical aspects of order management and execution will provide the quality and service customers have come to depend on from TT across all of their order handling needs.”

“Trading Technologies has dedicated the last five years to building out a trading platform that can quickly scale, and we’re excited to deploy that technology into the OMS space now,” said CTO Drew Shields. “With our professional-grade technology, we’re able to offer futures commission merchants (FCMs) and brokers an unparalleled combination of higher-quality product with higher performance and reliability, all delivered at the most competitive cost. ”

Key capabilities of TT OMS include:

TT OMS will initially benefit FCMs and brokers as a solution for their futures and fixed income order management. Over time, this product offering will be the foundation for addressing new asset classes and potential buy-side clients. Everything will be supported with world-class service from TT’s global support and customer success teams.

TT is currently working with several clients on implementation. TT OMS is expected to be operational starting in early 2019. Firms interested in TT OMS can contact the TT sales team for more information or visit TT’s booth at the Futures Industry Association’s FIA Expo conference in Chicago this week.